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3-6 Weekend Analysis
Yesterday, both the Bitcoin and altcoin short positions yielded profits. Friends who followed along are already sitting pretty, while those who didn't wait for the next opportunity to position. All notifications regarding this have been fully communicated!
In the early morning, the bearish trend continued to decline, with the price falling back to around 67,700 before stabilizing. It entered a narrow range of consolidation, with short-term volatility clearly narrowing. The daily chart closed with consecutive bearish candles, but signs of weakening bearish momentum have appeared, and the downward force is gradually slowing down; on the four-hour chart, the price is operating near the lower boundary of the bearish box, with hourly selling pressure continuously weakening. Although the overall trend remains bearish, the downward space is being gradually compressed, so caution is advised against a low-level rebound risk.
Trading Suggestions
Short in batches within the 68,400-68,800 range, with targets around 67,500-66,500.