The weekend overall remains in a correction phase, with the price not experiencing significant volatility. It continues to consolidate within the 66,000-67,000 range. Currently, the bears' pullback has not resulted in further breakdowns, and the bulls' rebound to higher levels faces resistance around 67,300. As for Ethereum, during the weekend, it briefly recovered to around 2,050 but failed to stabilize and continue upward, remaining in a consolidation range between 1,980 and 2,020. The overall market remains relatively weak, and as we move into Monday, the broader trend will become clearer.



Looking at the current chart, after two consecutive days of decline, the daily candle has turned into a doji around the lower band, indicating a consolidation phase. The pullback has not triggered further breakdowns, and the market is in a short-term correction stage, awaiting a volume increase after consolidation. On the four-hour chart, the price has formed a downward channel, suggesting a short-term bearish structure with some buildup before a potential rebound. After a high-level rebound and consolidation, volume is still increasing. However, attention should be paid to whether the price can further break below the 65,000 level to continue the downward trend. Trading should mainly focus on short positions.

For Bitcoin, consider shorting at 67,000-66,500 and look for a target around 63,000. For Ethereum, consider shorting near 1,980 and targeting around 1,900. #比特币震荡走弱 $BTC $ETH
BTC0,02%
ETH0,1%
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