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Yifan Saturday Morning Trading Strategy:
Yesterday, the bearish trend continued to decline with increasing volume, and the price dipped to around 65,500. Currently, it is rebounding to around 66,400 with sideways consolidation.
The daily chart shows a clear increase in bearish volume, forming a double-down pattern and crossing below the lower band; the four-hour bearish volume has peaked and is gradually decreasing; the hourly bullish volume is gaining strength, with the price gradually approaching the middle band and facing resistance.
- Bitcoin (BTC): You can consider short positions in the 66,500-67,000 range, targeting 65,500-65,000.
- Ethereum (ETH): You can consider short positions in the 2,000-2,020 range, targeting 1,960-1,930.