On Saturday, the market showed a narrow range of fluctuations, with limited volatility and a prevailing bearish trend. Bitcoin reached a daily high of 90257, with an overall fluctuation of about 1000 points; Ethereum's movement was similarly weak, peaking around 3068, with a fluctuation of only 60 points, and the overall rebound strength was weak.

From the technical analysis at the daily level, Bitcoin's slight rebound in the short term has not had a substantial impact on the overall downward trend. The price continues to operate weakly along the lower track, with each upward attempt being strongly resisted. The bulls are struggling to respond, and the rebound space is strictly limited. Further observation reveals that the market's fluctuation range is moving downward simultaneously, and various core technical indicators continue to weaken below the zero axis, showing no signs of a reversal. The bearish momentum is clear and strong. Based on the overall market trend and technical analysis, it is expected that the market will continue its existing downward trajectory, with short-term bearish expectations unchanged. Accordingly, the following trading strategies are proposed:

Position short around 90000 for Bitcoin, targeting below 89000.

Position short around 3070 for Ethereum, targeting below 2980. #比特币VS代币化黄金 $BTC