Saturday Evening Cryptocurrency Market Analysis (Using Bitcoin as an Example):

From a technical analysis perspective, Bitcoin has experienced a decline followed by a rebound in a short period of time, but overall there is a lack of sufficient buying power to drive a sustained rise. The market is currently in a phase of contraction and consolidation, like a compressed spring, temporarily maintaining fluctuations after significant rises and falls, with no obvious sustained upward trend. Although the moving averages have rebounded, there has not yet been a clear turning signal.

In the short-term trend, the price of Bitcoin has indeed shown a rebound from the bottom, and it appears there is a possibility of an upward breakout, but the actual strength is insufficient, and there has not been a real opening for upward space. Currently, the price rebound mainly relies on short-lived buying power, and if the buying strength weakens later, the price is likely to fall again.

Overall, the operation suggestion for tonight is to focus on short positions, seizing the opportunity in the fluctuating market.

Specific operation suggestions:

Bitcoin: When the price rises to the range of 109500 - 109900, consider shorting, targeting the price level around 108200 - 107700.

Ethereum: Short in the range of 2570-2600, targeting around 250#美国加征关税 #加密市场回调 #币安Alpha上新 #以太坊走势 #币安LaunchpoolHUMA .