#美国证券交易委员会推进数字资产监管框架创新 Friday morning session, there are a few points worth noting in the Bitcoin and Ethereum markets.

On the Bitcoin side, the daily chart shows that the upward momentum is gradually weakening. Consecutive upper shadows indicate that buying pressure is not very strong, and liquidity has also shrunk. The bears are still in control. Switching to the four-hour chart, after the price rebounded to the upper band of the Bollinger Bands, it started to face resistance, then directly plunged sharply, even breaking below the lower band support. Currently, all moving averages are turning downward, leaving room for further decline. In terms of trading strategy, it is recommended to short on rebounds and not to be too greedy. The trading range for $BTC is around 85800-86300, with a target near 83500 below.

For Ethereum, $ETH can be shorted within the 2840-2860 range, with a target around 2760.

$ZEC is also under observation. Future focus will be on the US regulatory authorities' policy direction regarding crypto innovation, which may have a phased impact on the overall market.