See my portfolio's returns and details. Follow for investment tips. This morning's Bitcoin price action is forming a bearish shooting star and inverted hammer pattern, technically rebounding after reaching the daily chart support level at 10.22.

Currently, the BTC price is fluctuating in a narrow range of 10.3-10.36. Market liquidity is clearly insufficient over the weekend, and short-term trading space is limited. In this situation, a wait-and-see strategy may be wiser, waiting for a clear breakout from the current range before making decisions.

From a technical analysis perspective, if BTC can effectively break through 10.36 and stabilize, it may be worth considering a long position, with a stop loss below 10.3 and target levels focused on the areas of 10.48 and 10.6; conversely, if the price falls below 10.3 without a quick rebound, a downtrend may form, where a short strategy could be considered, with defensive levels at 10.22 and a potential downward target leading to the areas of 10.51 and 10.63.

The market often experiences lower volatility over the weekend. Investors need to remain patient and wait for clearer price direction signals before making decisions. The trading market is always full of risks; the above is merely a technical analysis of the market, and investment decisions should be made cautiously.