Saturday's market has returned to a slow-paced pattern, with Bitcoin and Ethereum generally maintaining a sideways and weak trend. Bitcoin rebounded around midnight to near 68,500 but lacked strong upward momentum, with selling pressure gradually emerging at higher levels, preventing further upside. Subsequently, the market continued to oscillate and decline, briefly finding support at around 67,700, then attempting a technical rebound. However, the rebound was limited, and prices have now fallen back to around 68,100, consolidating sideways. Ethereum's movement is largely in sync with Bitcoin, with a quick rebound after touching around 1,954 in the morning, reaching above 1,995 at its peak during the session, but facing clear resistance near key round numbers. The market has yet to stabilize above the 2,000 level, and prices have gradually retreated to around 1,980 for consolidation. During midnight, the strategy was to short at high levels, and as expected, the market declined, allowing for a small profit and exit. Overall, while there has been a rebound, its sustainability is limited, with selling pressure still evident above, indicating a technical correction phase within a downward trend.

In the current market, Bitcoin remains within a short-term oscillating downward channel. The one-hour Bollinger middle band is gradually flattening and weakening. Rebounds have repeatedly been blocked around 68,400–68,600, indicating a formation of a resistance zone. Meanwhile, the RSI indicator has rebounded near the midline but turned downward again, showing insufficient momentum for a sustained rally. Short-term support levels are at 67,800–67,500. If this support is broken, the market may seek deeper support around 67,000. For Ethereum, the four-hour structure shows a pattern of gradually decreasing highs, with strong resistance between 2,000 and 2,010. After briefly touching the upper Bollinger band during a short-term rebound, prices quickly fell back, indicating a lack of bullish continuation. Short-term support is at 1,960–1,940. Overall, the current market remains in a rebound under pressure, and trading should continue to favor short positions. #2月非农意外负增长 $BTC