On Saturday, the Bitcoin trend was very slow. After a previous volume-driven decline, it is currently showing a small bearish Doji candlestick in a horizontal consolidation. In response to the correction after the previous volume decline, the daily line has formed a Doji star. The daily line is still in a wide-range fluctuation, having previously peaked and then retreated, facing pressure at the previous high point. However, the neckline below has not been breached, and in the short term, it is in a high-level tug-of-war. I personally predict that the bullish momentum is not strong, so I will maintain a bearish outlook for the market!

From the 4-hour chart, since the moving average indicators have not completely turned to form a one-sided downward trend, it is reasonable that there is some pause now, accumulating momentum in the volatility to turn the indicators. From the overall structure, it is still in a downward staircase, although there may be a certain degree of rebound along the way, the strength is not strong throughout. However, since the indicators have not formed a one-sided trend, the short-term continuity is a concern. It is not ruled out that there may be a rebound correction followed by downward pressure, which would pull the indicators down. In terms of short-term rhythm, this translates to a volatile tug-of-war. There is also some space for convergence. Short-term operations require careful attention to entry points!

For future operations in Bitcoin, I personally suggest shorting when the price rebounds to 94850-95350, targeting a drop to around 93000-92500!