Yesterday, the overall trend showed a weak oscillation pattern. After a pullback from the previous high of 79,000, the price repeatedly fluctuated between 77k and 78,500. The 15-minute chart shows multiple dips followed by slight rebounds, but the rebound strength was limited, and it retreated again to around 77,767 at the end of the session. Throughout the day, the candlesticks were mainly bearish or small-bodied, with the center of gravity slowly shifting downward, indicating short-term bearish dominance. The basis remains negative, market liquidity is cautious, and there is no obvious short squeeze. The second contract followed Bitcoin in a synchronized pullback. After a rapid decline from the 2,230+ high point, it experienced a sharp drop yesterday, then oscillated at low levels, with the lowest touching around 2,160, currently around 2,169.

On the four-hour timeframe, the overall remains in a wide range oscillation between 77k and 82k. Market sentiment is divided between bulls and bears, with ETF capital flows and macroeconomic data becoming the main drivers. The 15-minute and 1-hour levels are still under the pressure of downward trendlines. The current trend is weak but not fully broken, indicating a consolidation phase during a correction. Watch whether trading volume increases at low levels, whether RSI is oversold and rebounds, and whether Bitcoin dominance recovers. If it can hold above 76k-77k and see volume-driven rebound, it could retake 79,000-80,000 and challenge 82k-85,000.

Short-term trading suggestions:
Bitcoin: Enter at 77k-77,400, target 77,000-76k
Second contract: Enter at 2,200-2,230, target 2,100-2,050