Tonight at 22:30, Powell will speak. The market expects a high probability of a hawkish stance. Tensions in the Middle East and the Fed's pause on rate cuts have caused the US dollar index to rebound, directly suppressing bullish sentiment for Bitcoin and Ethereum. Bitcoin surged to 67,777 before pulling back; Ethereum peaked at 2,058. Both are showing signs of stagnation at high levels, with upward momentum weakening, indicating a short-term bearish bias. Recommended trading strategies: Short Bitcoin at 68,000-68,500, with targets of 66,000-66,500; short Ethereum at 2,050-2,080, with targets of 1,980-1,930. Tonight's speech could trigger a bearish trend.

$TOTAL2 suggests to me that we are close, but $ETH and Altcoins still have some more pain to go before things start turning bullish again. • Clean 5-wave structure in play. • 1–2–3–4 done. Wave 5 still pending. Right now we’re sitting at macro RLs + weekly demand. Been here ~8 weeks with no meaningful reaction. That’s not strength. Below the range lows, there’s still untouched liquidity sitting in the monthly breaker zone. Which means one thing —This is still not a bottom. Not in terms of price, not in terms of time. Either: • We get a proper capitulation → sweep below RLs into that liquidity • Or we spend months chopping in this range, slowly building a base Anything else is just hopium. This isn’t a trade call. Just mapping HTF structure so LTF decisions don’t get you rekt. #TOTAL2 #ETH #Altcoins

Bitcoin has now broken through the key resistance level of 67,300, and has been consolidating sideways above 67,300, indicating that there is still support. The current market sentiment is not bad, and the funds that flowed out over the weekend are gradually flowing back in. Based on this pace, once the US stock market opens, this sentiment is likely to continue for another wave. Therefore, it’s advisable to slightly raise the entry point for short positions to around 68,200. The real strong resistance above is around 69,300. At this position, you can start with a small position to test shorting, and add more if it reaches higher levels. But the overall strategy remains the same: going long to catch a rebound, and going short to follow the trend. #Gate金手指 #国际油价走高 #BTC能否守住6.5万美元？ #市场重新计价加息预期 #美伊战事或升级为地面战 $BTC $ETH $SOL