Weekend Morning Insights: After a consolidation phase, Bitcoin is expected to face a flood of selling, so the market outlook remains bearish!

Yesterday, Bitcoin's price surged to around 102650 but faced resistance and fell back. The price action did not continue to rise but instead entered a consolidation phase. Currently, the price is oscillating around 101000. In my personal view, after a one-sided upward trend, a pullback is imminent, so we will continue to maintain a bearish outlook!

Looking at the 4-hour chart, the moving averages are starting to flatten. If they begin to turn downward, then the space for a drop will open up. The 1-hour chart is currently showing a downward oscillation, and for the day, we expect to continue shorting on rebounds. Bitcoin should continue to short on rallies, and rebounds can still be shorted. Market movements are not simply about rising or falling; only by finding the turning points can we grasp the market's trend. High-level stagnation indicates that the bulls are starting to weaken, and the bears are ready to strike at any moment!

For morning operations, I personally suggest shorting on rebounds between 101650-102150, with a target looking down to the 98500-98000 range!#纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安 #BTC重回关键位置后走势 #SUI再创新高 $BTC $ETH $XRP