On Saturday, Bitcoin's daily chart closed in the red, but the overall volatility narrowed, maintaining a range-bound consolidation throughout the day, without a trend breakthrough, which is consistent with the characteristics of the weekend market's low liquidity and cautious trading. Entering today, the market shows a "symmetrical rebound"—basically following the rhythm of "how it fell previously, it will rise now." The core reason behind this is the lack of key news stimulation over the weekend, with both bulls and bears lacking sustained momentum, and funds are more inclined towards short-term speculation rather than long-term positioning.

In the previous wave of correction, the price reached the 110,000 level, which serves as an important short-term support and the preset "last long entry point." As of now, this long position has yielded a small profit margin. From a risk control perspective, it is advisable to prioritize taking some profits to avoid potential profit withdrawals caused by market fluctuations. From an overall structural perspective, the current oscillation range has clearly shifted downwards compared to the previous period, indicating a short-term retreat in market focus, which also provides logic for a short strategy during the afternoon.

Bitcoin 110800 short, pay attention to 109500
Ethereum is over 4270, pay attention to 43400 #Gate Alpha晒单挑战# #Gate上线Ondo专区现货交易# .