The 4-hour chart shows a bottoming-and-recovery pattern. It is currently in a consolidation phase with a slow upward repair pace. The prior pullback and the rebound at the low levels are both normal technical corrections. However, note that the current rebound momentum is gradually weakening, and the larger time-frame trend is still dominated by the bears. This round of上涨 is only a secondary-level corrective rebound. Signs of increasing pressure on the market are becoming more evident. For today’s trading plan, it is recommended to follow the primary trend and, above all, consider opening short positions at higher levels during the rebound.

Trading reference for early Saturday morning

Bitcoin (BTC): Short in the 63,200–63,700 range, with a target around 62,000.

Ethereum (ETH): Short in the 1,890–1,920 range, with a target around 1,850.

$BTC #Kalshi被令暂停华盛顿州业务 $ETH #全球股市逼近历史高位 $BNB #Anthropic早期IPO会议未谈估值财务