The overall crypto market was relatively subdued over the weekend. Yesterday midday, BTC briefly rebounded to 68,500 but faced resistance and pulled back, declining steadily. It has now broken through the 67,000 level.

This downward move is not very sharp, characterized by a slow decline, and the indicators are not very clear: on smaller timeframes, only weakly converging indicators are visible, and on the 2-hour and 4-hour charts, there are signs of decreasing bearish momentum, so it does not meet the criteria for shorting.

The midline of the daily chart is close to 67,000. Whether the price can break through this level decisively over the weekend remains uncertain, but it is clear that shorting during a rebound is safer and the profit cycle is shorter.

Additionally, Iran has targeted U.S. tech giants' data centers, which could negatively impact the U.S. stock market tonight, especially the tech-heavy NASDAQ, increasing the likelihood of a decline. Based on this, the crypto market is likely to experience another downward wave. In terms of trading, look for technical resistance levels, and once a position is triggered, wait for the news sentiment to develop.

BTC Trading Suggestions:

• Short around 67,800, add to short at 68,300

• Target: 66,800–66,000

ETH Trading Suggestions:

• Short around 1,980, add to short at 2,010

• Target: 1,930–1,900

There is no malicious guidance, just sharing ideas. Please follow community guidelines!