Early morning news triggers: Bitcoin retraced to 63,650 and then surged to 65,800 with a single bullish move; Ethereum also surged to 1732. Currently, it is in the exhaustion phase after a concentrated release of bullish momentum. On Monday, the main strategy is to encounter resistance during the rebound and establish short positions, waiting for a downward correction.



From the current market situation, the 4-hour timeframe touches the lower support zone of the previous consolidation. The upward slope is slowing down, and volume has not continued to expand. After touching the level, the price shows signs of stagnation, and bullish momentum has significantly weakened; the 1-hour timeframe surged to 65,800 and then pulled back. After the rally, there was no volume follow-through; instead, volume decreased and the rally stalled. Short-term upside space is limited, and the rebound is a good opportunity to establish short positions.

Bitcoin's rebound around 65,800-66,300 is a good point to short, targeting
64,000-62,000.
Ethereum's rebound around 1725-1755 is a good point to short, #TradFiCFD黄金大师赛 targeting 1650-1550.
BTC0.49%
ETH3.11%
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