The morning insights on Bitcoin for Saturday are as follows: The overnight rebound is not strong, and today's theme is bearish!

The overnight Bitcoin rebound is still not very strong, and there is solid resistance in the 102000-102500 area above, making it relatively difficult to break through for the time being. In the short term, Bitcoin continues to maintain a fluctuating downward trend in the 30-minute timeframe. The overall rebound strength of the market is not large, so we will continue to hold short positions on rebounds!

The market is not simply about chasing longs when it goes up or chasing shorts when it goes down, nor is it about bottom fishing when it drops or reaching for the top when it rises. There is logic behind every market move, and trading is all about the present moment. Look at the charts, summarize more, observe more, and eventually, the clouds will part to reveal the sun. Smart people always like to follow professionals; the path is simple!

For the morning operation on Bitcoin, my personal suggestion is to short when the price rebounds to 101850-102350, with the target looking down to around 99000-98500!