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Yesterday, Bitcoin fell under pressure to around 68880, then experienced a technical rebound during the day session. Currently, it has risen again to around 71300 and is oscillating. Overall, it still maintains a range-bound pattern.
From the daily chart perspective, Bitcoin is still in a weak oscillating trend on the daily timeframe, with limited rebound strength from bulls and obviously insufficient upward momentum. On the 4-hour level, after being driven higher by news catalysts, it failed to sustain effectively. The current rebound is only a weak technical correction, with rebound space essentially exhausted. Upper resistance is heavy, and the overall bearish pattern remains unchanged. Trading strategy remains focused on shorting at higher levels.
Bitcoin: short near 71300-71900, target 69300-67800, break below then target 65800
Ethereum: short near 2180-2210, target 2100-2010#Gate正式接入Polymarket $BTC $ETH