$BTC Bitcoin Evening Market Analysis!

This weekend, Bitcoin's price action has been truly "torturous," like being stuck in a door crack—unable to go up or down, purely a "sideways consolidation."

Now its fluctuation range has been compressed to the extreme, just a few hundred dollars between 68186 and 67785. This small amplitude makes trading impossible; entering the market is just working for the exchange. It's better to wait patiently for a clear direction.

More importantly, the key levels above are all "bearish signals," like large stones on the road. Bulls want to push higher, but first they need to move these stones out of the way. Want to rise? You must break through and hold above 68505. Otherwise, everything is pointless—if you can't even reach 68505, how can there be a rebound to higher levels?

The 67514 level below is a crucial "watershed," the neckline. Only if it breaks will a correction begin, heading down toward 66744 and the lower boundary of the descending triangle; if it doesn't break 67514, the decline won't be deep.

So, the current strategy is simple:

• Break above 68212 with volume, go long on the right side, and set stops accordingly;

• Break below 67938 with volume, fail to recover on a rebound, go short on the right side, don't hesitate;

• If the hourly level stabilizes above 68189, look toward 68700-69258;

• If the 4-hour level breaks below 67892, watch for 67014-66429.

The 4-hour timeframe is where bulls and bears are fiercely "fighting." Whoever wins will determine the next direction. If bulls can absorb more than half of that key bearish candle, it's a bullish victory, and the rebound continues. If it breaks below the lowest point of that candle, bears will take control, and the price will continue downward.

Remember, don't try to guess the direction; the market is always right. Be patient and wait for clear signals before taking action. Acting impulsively now will only lead to losses.