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Bitcoin's intraday volatility is really pitiful, with the overall 400-point range oscillation. It only experienced a slight upward move in the evening, reaching a high of around 67,500 before facing resistance and then reversing to decline. Our order to short at 67,200 placed at midnight still hasn't had a good exit opportunity; we are still holding it.
From the current market situation, Bitcoin continues its regular consolidation trend over the weekend, with overall volatility significantly narrower than earlier periods. The four-hour chart shows three consecutive small bullish rebounds, but the trading volume has not effectively increased, indicating a technical correction. The upward momentum remains limited, and short-term market signals show clear signs of pressure. The outlook remains cautious, patiently waiting for a downward move as the bulls gather strength.
Bitcoin: Short around 67,500, target 66,000.
Altcoin: Short around 2,060, target 1,980. $BTC #稳定币争议升温