The weekend market has generally calmed down. Bitcoin did not stage a breakout move, remaining in narrow-range oscillation within a fixed range. After a brief rally in the early morning that stalled at the 60900 mark, the price quickly retraced under selling pressure, found support at 59700 and stabilized, then rebounded, gradually recovering to near 60500 for consolidation.

From the current chart perspective, the daily level price is still constrained by the middle Bollinger Band, and the overall downtrend foundation is solid. The current sideways consolidation is merely a mid-term accumulation phase in the downtrend, not the beginning of a bullish reversal. The 4-hour Bollinger Bands are gradually narrowing, and multiple attempts by bulls to break upward have failed to form an effective breakout. This rebound is merely a technical repair after a sharp decline, lacking sustained upward momentum. The hourly chart has entered a sideways building-top state, with the upper pressure repeatedly verified as effective, and short-term bullish momentum has already exhausted. In summary, the subsequent operation direction remains consistent, and shorting at highs is still the optimal layout choice.

BTC short near 60500-61000 on rebound, target 59000-58000.

ETH short near 1590-1620 on rebound, target 1510-1430#美光市值超越Meta跻身全美前十 $BTC $ETH