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Saturday Market Outlook: The decline has already played out, but it’s not over yet. Continue to stay bearish.
Our rhythm has been very clear during this period — one word: short. Not just talking about it, but acting in that direction all along. No matter what position we follow, there’s room to move.
Yesterday’s non-farm payrolls also aligned with expectations: a surge of bullish sentiment first, then a quick reversal once the good news was exhausted. Bitcoin dropped from 74,000 to 68,000, a full 6,000-point decline. This move has already been enough for many to have taken a chunk of profit.
Looking at the current structure, the daily chart shows high-volume candles and consecutive bearish candles, indicating a clear bearish sentiment. The market often behaves this way — one bearish candle isn’t significant, but one leads to another, and then another. So today’s strategy remains unchanged: look for a rebound to find a good entry point to short again.
Reference Range:
Bitcoin: Resistance at 68,600–69,500. Consider shorting if it rebounds to this area.
Support levels at 65,500 / 63,800.
Ethereum:
Failed to hold above 2100, overall weak. The next target is around 1860, with the same bearish momentum guiding the way.
Markets change every day, but going with the trend is never wrong.
A new day, continue to stay disciplined, and gradually realize profits. Wishing everyone successful trading and more gains. #加密市场小幅下跌 #CulperResearch明牌做空ETH #特朗普15%全球关税将生效 #全球央行降息预期全线降温 #美伊局势影响 $BTC $GT $ETH