It's Saturday again, and the market trend is gradually slowing down. After a rebound to 975 yesterday, the price of the coin faced resistance and the market has seen a pullback of nearly 4,000 points. Yesterday was also a bearish sentiment with short positions taken. After a night of fluctuating adjustments, the market still failed to provide effective support for a 4,000-point rebound. Overall, the trend is relatively weak, and we will continue to maintain a high-concentration approach in our operations.

Looking at the daily chart, the price of the coin has fallen to the lower support zone and has managed to halt its decline. Although there is a short-term rebound, the strength is relatively weak. From a long-term perspective, the bearish trend still has momentum, but there is a need for correction in the short term. Therefore, it is not advisable to aggressively pursue short positions at this time to avoid hitting the floor, especially since we are currently at a 4-hour level. In the short term, we can look for rebound actions. After the correction, we can plan for short positions. A drop is expected to be observed on Sunday.