Trading cryptocurrencies has never been an easy path to success. Every crypto enthusiast, from the moment they enter the crypto world, must go through countless setbacks. Some are knocked down, while others manage to stand back up. The key difference is whether one can turn the hardships experienced into nourishment for personal growth. Everyone goes through this, but not everyone is good at reflecting and summarizing. Over the weekend, the market moved relatively slowly, mostly in a state of oscillation and correction. The overall trend remains weak. Bitcoin experienced a slight rebound within the day, reaching a high around 68,524 before facing resistance and falling back. In the afternoon, it dropped to around 67,411, with a new short-term low being set. Ethereum's movement was even more limited, mostly consolidating sideways. Its attempt to rebound past the 2000 mark failed, touching around 1995 before facing resistance again. It has now fallen back to around 1961, showing a narrow range of oscillation.

From the current market situation, the daily chart of Bitcoin shows a pattern of three consecutive bearish candles, with the price falling from above the upper band to near the middle band. The short-term trend is dominated by bears. Supported by the middle band, the price is at a critical point of a tug-of-war between bulls and bears. On the smaller timeframes, the bearish momentum is even stronger. Bitcoin's seven consecutive bearish candles broke below the middle band sharply, forming a top and then a decline for correction. Currently, the bearish trend has slowed down. After a rapid decline last night, today’s sideways movement indicates a slow decline, with signs of a trap for bulls. The pattern of lower lows suggests that bears still have downside potential. In terms of future trading, follow the bearish trend and focus on shorting during minor rebounds.

On Saturday night, short positions can be considered around 68,500 for Bitcoin, with a target of 67,000.
For Ethereum, consider shorting around 1,995, with short-term targets of 1,950-1,900.