Good midnight to all friends, I am Lao Meng! From the high opening and low closing of the Asian market, to the back-and-forth tug-of-war of the European market slowly declining, and then to the large fluctuations of the American market, the night saw a drop of nearly 3000 points in just one hour (with the maximum drop of nearly 130 points at the opening of the American market), truly a mix of joy and sorrow for several. Lao Meng's big cake still held at 4000 points during the day, but also lost 300 points, while Ethereum took profit at 70 points.

From a technical structure perspective, the hourly chart's K-line was operating in the middle to lower track before the U.S. stock market opened, rebounding to the middle-upper track at the opening and immediately falling back to the lower track. The MACD seemed to fake a golden cross but quickly turned into a dead cross, catching people off guard, with the fast line still below the slow line; the four-hour chart's K-line was operating at the lower track of the Bollinger Bands, indicating strong bearishness. The thought for the night is to focus on high volatility and low fluctuation, with the second cake thought synchronizing with the big cake.

For the big cake, operate with volatility in the 9.86-9.0 range, looking down at 9.73-9.68, and if it doesn't break, then look for opportunities for fluctuation.

For Ethereum, operate with volatility around 3880, looking down at around 3780, and if it doesn't break, then reverse for fluctuation.

The biggest enemy in life is one's own hesitation and doubt. Only by overcoming them can one welcome a better tomorrow! Keep going, stranger, if it’s not ideal, you can walk with the light! #MicroStrategy增持BTC