The weekend market thoughts are organized——

After a sharp drop on Friday, Bitcoin has temporarily entered a pause. The overall direction shows that selling pressure has indeed eased somewhat, but on a smaller scale, selling pressure is quietly resurfacing. At the current pace, it may first dip downwards, then quickly rise, and continue to decline:

Focus on these key support levels: 4340 is the first level; if it cannot be held, the lowest may reach around 4250 (4270 will be a mid-way buffer), and currently, there are no signs of a drop towards 4150.

In terms of operation, short positions can focus on the two points of 4510 and 4597; if the small-scale downtrend line can be broken, it could also be an opportunity to go long.

The overall rhythm is: the weekly chart leans towards bullish, while the daily and smaller timeframes are temporarily bearish. The interim dip and rise are more likely to be a short-term rebound, not a trend reversal.

This thought is for reference; I will refine the details again before Monday's opening in conjunction with the real-time market. If you have positions and are uncertain, feel free to show me. #币安钱包TGE #美国7月PPI年率高于预期 #美国7月PPI年率高于预期 #主流币轮动上涨 #美国7月PPI年率高于预期