On Saturday, the overall market showed limited fluctuations, with a daily trading range of about 2000 points. The trading strategy we proposed in the morning established the basic direction for the entire day's trend—mainly focusing on placing short positions around the upper parallel resistance level, entering short near 85200. After executing this strategy, it is possible to steadily gain about 800 points of profit. Although there was a rebound during the day, the highs consistently failed to break through the 85000 level, and each rebound to that area provided us with ideal shorting opportunities. It should be emphasized that frequent switching between long and short positions is not recommended; maintaining a high short outlook is currently the most reasonable trading choice. Adhering to a prudent trading strategy is essential for achieving continuous profitability.
From the daily level perspective, Bitcoin closed with a small real body bearish candle on Saturday, further confirming the typical characteristic of narrowing market volatility over the weekend. The current price momentum is insufficient, with both bulls and bears in a wait-and-see state. The market currently lacks a clear direction. Switching to the 4-hour level, the technical analysis shows that there is still some upward correction space for prices. Based on market rules, it is highly likely that Sunday’s market will enter an upward volatile range, with the core target aimed at filling the previous gap. However, it must be made clear that this rebound is merely a technical correction and does not change the overall bearish market structure. During the early hours, the main strategy remains 'shorting on rebounds', patiently waiting for the price to reach key resistance areas before entering positions, and firmly avoiding chasing prices or panic selling, while strictly adhering to risk control principles.
Bitcoin: Layout short positions near 85000, target focus on 8300
Ethereum: Layout short positions near 2760, target focus on 2650
