Saturday Morning Market Analysis:
Bitcoin (#BTC ) fell from around 97700 to around 95400 at midnight, then rebounded to around 97800, currently fluctuating around 97300.
From a four-hour structure perspective, the bearish strength of Bitcoin is gradually weakening, the MACD is gradually forming a golden cross and moving upwards, and the KDJ indicator also shows an upward trend. From a one-hour structure perspective, although the bulls show signs of reduced volume, the trend remains relatively strong.
Saturday Trading Suggestions:
Consider short positions if Bitcoin rebounds to around 97800-98800, targeting around 96600-96200. $BTC