Sister Mei's BTC/ETH Analysis:

Yen arbitrage tightens, will we face the next round of adjustments?

Last week, after the Federal Reserve cut interest rates, prices surged to 94,500 before starting to pull back. The market did not break through this oscillation box structure under the expectation of easing, so this week, under the influence of tightening yen policies, the fear index rose to 16, resulting in increased downward pressure on the market, mainly focusing on high volatility!

Today's Bitcoin weekly line closed with a hanging head red candle, and the daily line saw a large bearish move breaking the mid-track support at 87,600, leading to a rebound. Currently, the small-level moving averages show a head and shoulders pattern, with the small-level rebound pressure looking at the 90,600-91,500 range. As long as it stabilizes above these two positions, the daily level remains bearish.

Focusing around the 90,800-90,600 range, with 91,500 for additional positioning, the target is to break down to 89,200-87,600, looking at 84,000.

Ethereum is focusing around the 3,150-3,180 range, with a target of breaking down to 3,057-3,003, looking at 2,900.

Short-term trading is flexible and changes, with defensive strategies based on one’s actual position!

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