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💥Saturday Market Analysis!!!
From the overall technical structure, the current market is still showing clear signs of pressure.
Although there was a round of corrective rebound earlier, the multiple resistance levels above have not been effectively broken through. The upward momentum continues to weaken, the rebound strength is gradually fading, and the probability of the market falling again is increasing.
The short-term trend is even more evident. Prices have repeatedly hit resistance and pulled back, entering a stage of oscillating consolidation, but the overall center of gravity is still tilting downward. Before a breakout with volume above key resistance levels, the current rebound is more likely a technical correction during a downtrend rather than a trend reversal.
Next, we will focus on the previous low support. If it is effectively broken, the market may further open up downside space. Therefore, the current trading approach continues to prioritize shorting on rebounds, patiently waiting for entry opportunities after resistance at higher levels.
🔥Trading Suggestions:
$BTC Short around 60300-60800, target 59000-58000
$ETH Short around 1580-1600, target 1530-1500
#BTC下探60000美元关键关口