Weekend Bitcoin Analysis
Since dropping to around 86,619 yesterday, Bitcoin has entered a range-bound consolidation.
In the short term, bullish momentum is slightly emerging, but the upward driving force is insufficient to form an effective breakout.
The weekend market is moving slowly; it is recommended to observe and rest.
Friends considering entering the market are advised to mainly adopt a rebound shorting strategy,
suggesting to enter around 88,000-89,000 when the opportunity arises,
with targets between 86,000 and 87,000.
Do not fight the trend; take profits when the time is right.
$BTC