Sunday Night Latest Bitcoin and Altcoin Strategy

The weekend is coming to an end, and the market sentiment is still within our expected range. There has been no breakthrough of the current consolidation zone yet; all eyes are on tonight's potential breakout! Monday marks the beginning of a golden period for trading, so everyone should seize the opportunity.

From the four-hour chart, the price has been oscillating around the middle band of the Bollinger Bands. The support at the middle band is quite solid, with several dips successfully pulled back. However, the rebound strength is limited, and the upward push appears somewhat powerless. Selling pressure above is also continuously accumulating. There are no signs of a substantial reversal in the overall structure, so the short- to medium-term weak pattern is likely to continue.

For Bitcoin, consider shorting around 88,500, targeting 86,500.
For Altcoins, consider shorting around 2,970, targeting 2,850.

Personal opinion, for reference only, not investment advice!