Over the weekend, Bitcoin experienced a decent range of movement, with a low around 63,000, which perfectly aligns with our ongoing high-altitude positioning strategy. It then rebounded and surged but was unable to firmly break above the 68,000 level. After facing resistance, it oscillated downward and is now stabilizing around 66,800 for consolidation.

From the current market situation, although weekend trading was highly volatile, the overall trend remains within a range-bound pattern, with bulls and bears repeatedly tugging and lacking trend continuity. The hourly chart shows a clearer picture of a weak rebound, with the bullish momentum continuously diminishing, while the bears still dominate the market rhythm. Therefore, we will continue to maintain our high-altitude positioning strategy!

Bitcoin rebounding around 67,100-67,900 is shorted, with a target of 65,000-63,300. If broken, the next support is 61,000.
Altcoin rebounding around 1,990-2,040 is shorted, with a target of 1,900-1,830. If broken, the next support is 1,750.