Saturday Morning Analysis

Intraday BTC fluctuated within the range of 66,000-67,500, with volatility gradually converging. The impact of news in the evening was limited, and with the US stock market closed, market activity remained subdued. The high-altitude short-selling strategy was accurately realized at midnight, and the white session short positions were successfully closed. In the evening, new short positions were added and held, awaiting a breakout in the market.

From the chart perspective, the weak oscillation pattern of Bitcoin remains unchanged, with the rebound strength continuing to be weak, and bullish momentum gradually depleting. The hourly chart shows a converging triangle pattern, with multiple quick probes and sharp corrections, indicating significant resistance above; the four-hour chart shows a fragmented K-line adjustment, with fast and slow lines converging, and insufficient continuation of bullish or bearish momentum. Volume indicates that bears are in the lead, and the oscillation at high levels is gathering strength for a downward breakout. The outlook remains bearish.

BTC: Short around 67,200-67,800, with a target of 66,000-65,400.
ETH: Short around 2,070-2,010, with a target of around 1,980.