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4.4 Saturday Bitcoin Analysis
The weekend market activity is becoming more subdued, with reduced volatility. Overall, the market is mainly observing and consolidating, waiting for a clear direction.
Currently, the chart remains dominated by a bearish trend, with insufficient short-term bullish momentum, making upward breakthroughs difficult.
Today's trading strategy centers on shorting during rebounds:
The key resistance level is around 67,000. If it faces resistance and pulls back, consider short positions accordingly;
Support levels are around 66,500–66,000. If support stabilizes, consider light, phased long positions; if it breaks below, continue to follow the downward movement.
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