Let's do a simple review of yesterday's market. Bitcoin closed the white plate and recovered to around 68,800 before facing resistance and pulling back. Overall, the pattern still shows no signs of a further upward breakout. As expected, by the time the US market opened, the overall trend entered a bearish rhythm, with a slight pullback. Bitcoin and the early morning key level retraced to around 66,500 to halt the decline. Currently, the overall price remains around 67,500. Ethereum moved in sync with Bitcoin, with bullish attempts to recover to around 2,080, but it briefly fell below the 2,000 level. However, it has now recovered to around 2,060. The overall trend still lacks a clear medium- to long-term direction for bulls or bears.

Regarding real trading, yesterday's midday strategy suggested going short again. In the evening, Bitcoin was shorted near 68,500, and in the early morning, it was closed around 66,700, capturing over 1,800 points. The "Auntie" position was almost simultaneously entered near 2,080 and closed near 2,000 for profit. Currently, the market should not be swayed by rumors; focusing on key resistance levels is the priority.

Looking at the current chart, Bitcoin's daily line shows a doji candlestick, indicating that the overall market remains in a consolidation phase. The transition from a large bullish candle to a doji suggests a clear consolidation intention. Intraday, there is still a possibility of bullish volume testing the 70,000 key resistance again. However, based on the Bollinger Bands, the market has not yet shown a breakout attempt above the middle band. In the medium to long term, although there has been some bullish volume recovery, the strength is limited. Overall, bears still dominate, and it is not recommended to hold long-term bullish positions at this time.

Looking at the short-term four-hour chart, two long lower shadows appeared in the early morning candles, with the market oscillating around the middle and upper bands. The bearish pullback has not shown significant strength, and the market has not shifted to a bearish downward momentum. In the short term, it remains in a consolidation range. Currently, the suggested trading approach is to consider short-term longs on dips.

Bitcoin can be bought in the 67,000-67,500 range, with targets near 69,000. "Auntie" can be bought in the 2,000-2,020 range, with targets near 2,070. #BTC #ETH