Yesterday morning, Bitcoin experienced a sharp decline, with the lowest point touching the 81,000 level. Subsequently, the market entered a consolidation phase. After completing the adjustment in the early hours, it finally stabilized and closed above 84,000.


From the current market situation, the short-term stabilization is merely a normal correction after a significant drop, and the overall downward structure has not changed due to the slight rebound; coupled with the weekend market characteristics, the probability of a unilateral trend is relatively low. The trading strategy remains focused on shorting from high levels.
Bitcoin's rebound is expected to face resistance around 84,300-84,800, with support at 83,000-81,800. If it breaks below, the trend may continue downward toward the 80,000 level. If not broken, consider short-term long positions.
Ethereum's rebound is expected to face resistance around 2,750-2,800, with support at 2,650-2,530.
BTC-1,88%
ETH-1,48%
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