The Bitcoin performance is relatively stable, currently in a tug-of-war around the 11.3/4600 level, which can serve as a short-term weak bullish-bearish dividing line. After all, the momentum of this rebound in the four-hour timeframe has not yet fully played out, unless a solid bearish candle retraces the previous gains.

Tonight, we will either pull back and move upwards, or rise high and then drop, depending on which direction the market first tends to move. After all, in the absence of a breakdown, we are currently in a phase of adjustment, but the overall bearish trend remains unchanged, with continued attention on the resistance around 11.4/4660 above.

Big pie: Light long positions in the 11.2-11.25 area, targeting around 11.4 thousand.

Performance: In the 4500-4530 area, up to around 4650-4580 near $BTC .