3.7 Saturday Midday Market Analysis.

Coming into Saturday, the market has resumed a slow pace, with Bitcoin and Ethereum generally maintaining a sideways and weak trend. Bitcoin rebounded to around 68,500 during the midnight session but showed明显不足的上行动能, with selling pressure gradually increasing at higher levels, preventing further upward movement. The market then continued to oscillate and decline, briefly finding support at around 67,700, followed by a technical rebound, but the rebound was limited in strength. Currently, it has fallen back to around 68,100 and is consolidating sideways. Ethereum's trend is largely synchronized with Bitcoin, with a quick rebound after touching around 1,954 in the morning, reaching above 1,995 during the session, but facing明显压制 near key integer levels, unable to hold above 2,000, and then gradually falling back to around 1,980 for consolidation. During the midnight session, a strategy was employed to short at high levels, and as expected, the market declined, taking small profits and exiting. Overall, although there was a rebound, its sustainability was limited, with明显抛压 still present above, indicating a technical correction during a downward trend.
BTC Trading Suggestions: Short at 68,500, take profit at 67,500, stop loss at 69,000,
Long near 67,500, take profit at 68,200, stop loss at 67,000.
ETH Trading Suggestions: Short around 1,990, take profit at 1,950, stop loss at 2,110.
Long near 1,930, take profit at 1,980, stop loss at 1,900.