Yesterday, Bitcoin showed signs of fatigue after touching the 63,500 level on the white plate, then faced downward pressure and retreated, dropping to around 60,800 in the early morning; the altcoin also weakened simultaneously, falling back to around 1,610. We continuously indicated a bearish trend during the session yesterday, and both targets were accurately hit.

From the current market perspective, after the four-hour price broke below the middle band of the Bollinger Bands, although it found support near the lower band and showed technical recovery, the three bands of the Bollinger are gradually narrowing, indicating that the market has not yet formed a clear breakout signal, and overall remains in a range-bound oscillation pattern. On the hourly level, after the price broke below the lower band, there was a rebound with a bullish candle, but it still operates within a downward channel. Overall, the weak market pattern has not undergone a substantial change, and it is recommended to continue with a high short position, trading with the trend.

Bitcoin rebounds around 62,300-62,900 to short, targeting 60,800-59,000, and if broken, then look for a further decline to 57,000.
Altcoin rebounds around 1,660-1,690 to short, targeting #Strategy低位加仓1550枚BTC 1,600-1,500.