Good evening everyone, I am Xin Ya, undefeated for half a month. On the night of the 29th, the market validated my updated views!

The entry point of 78800 and the 2520 for Ethereum that were pointed out at that time became points of pressure and strategic layout, with this segment yielding a space of 1600 points for Bitcoin and 100 points for Ethereum at the bottom. If during the previous period there was a contest for the upward space in a one-hour range, that would be a double kill for both bulls and bears. Of course, we were not that aggressive and only took the second confirmed space after the test. The range and the indicated positions were provided earlier.

Alright, let's review briefly. The night session of Bitcoin on August 29th showed narrow consolidation around 78200 for a day, then on the afternoon of the 30th, it began to rise and tested around 79360, where it faced resistance and then tested 76800 downwards.
Both 79360 and 75800 were the crash and spike points from August 28th, and this segment did not refresh the low, with a new rebound process still testing 78800 at 77800.

Now let’s take a look at Ethereum. Starting from the 29th, it consolidated at 2420 and 2450, and then made an upward test to 2532, before crashing down to 2384. During the crashing process, there was an acceleration around 2480, and the crash point was also the late-night rally point. It has currently rebounded to around 2450 for consolidation.
Let’s mark the aforementioned positions first, and then look at the market. The rebound process showed three consecutive fifteen-minute bullish candles, with six consecutive one-hour bullish candles, and the crash lows were not refreshed. The strong test back causes the structure to evolve easily. The key positions to pay attention to remain unchanged from before.

Currently, a new hourly decline is underway, with a fifteen-minute decline followed by a fifteen-minute rebound. The later market will depend on the strength of this fifteen-minute segment.

In the future market, there are basically two possibilities
First:
If this fifteen-minute rebound breaks through 79500, it will destroy the new hourly declining structure, and the market will enter a four-hour level of fluctuation.
Second:
If this fifteen-minute rebound completes, it will lead to a new fifteen-minute decline, perfecting the hourly declining structure. This position will be around 75800. If it breaks below this range, a four-hour level decline can be confirmed afterward.
And the following one-hour consolidation range can be widened to the four-hour EMA120 and EMA144, around 72600.
In the second scenario, the sell points of 78800 and 79200 would exert pressure.

Regarding these two scenarios, what needs to be done is very simple.

For Bitcoin, short or add positions at 78800, with a stop loss at 79500, conservatively short at 79200, add at 80500, stop loss at 81200.
To catch the rebound, long at 76500, stop loss at 76100, or long at 76800, add at 75800, stop loss at 75200.
For Ethereum, short in the range of 2450-2470, add at 2500-2520, stop loss at 2540.
For Ethereum, consider light losses at 2408 and 2365 for rebounds, or synchronize with Bitcoin.

Below are the prompt records.

Synchronize and follow along, public account: Xin Ya talks about Chan.

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