Gu Jingci: Bitcoin/Ethereum repeatedly surged and then retreated on August 28th; when will the narrow range trading lead to another breakout?

Bitcoin/Ethereum has been a consistent strategy of shorting on rallies and adding to short positions over the past few days, with predictable price action. This includes shorting again last night above 80200 and 2520, with multiple dips to around 79000 and 2475. Currently, the market is consolidating within a narrow range. We'll see if Wash's speech tonight and the performance of US stocks can trigger significant volatility in the crypto market. If this consolidation continues, a larger price swing is expected after the consolidation. Recent daily charts show that after two large bullish candles with high volume, the price has been consolidating at high levels with long upper shadows, indicating heavy selling pressure and weakening bullish momentum. The market may be entering a correction or consolidation phase. Today's closing price is bearish, further confirming this short-term correction. The latest 4-hour candle is a small bearish candle with significantly reduced volume, indicating a lack of clear direction in the short term, with a balance between bulls and bears, but a slight advantage for the bears. Technical indicators: Both the DIF and DEA lines are above the zero line, but the DIF line has crossed below the DEA line. The MACD histogram is green and expanding, forming a death cross. This indicates weakening upward momentum on the 4-hour chart, suggesting a potential short-term pullback or downtrend. Watch for short-term support levels at 77500 and 2430; a break below these levels could lead to further declines. Evening trading suggestions: Short Bitcoin around 79500-80000, with a target around 78000; Short Ethereum around 2500-2520, with a target around 2400-2440. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.