Friday Night Bitcoin and Altcoin Strategy

Bitcoin initially dropped below the 60,000 level in the morning, reaching a low of 59,800, then rebounded to around 65,700. The bearish trend remains unchanged, and in the evening, be cautious of a second decline after the rebound loses momentum.

The daily chart confirms a valid break below the previous support zone of 62,000-65,000. The 7-day and 30-day moving averages have crossed downward and continue to decline, trading below all moving average systems, forming a standard bearish alignment. The 4-hour Bollinger Bands are opening downward, and the rebound failed to break through the middle band at 66,000 resistance, indicating insufficient rebound momentum and representing a "weak correction after a long bearish candle" pattern.

The MACD indicator remains in a death cross below the zero line. Although the green bars slightly shorten, no reversal signal has appeared. The RSI has rebounded from the oversold zone below 20 to around 40, still not reaching the strong-weak boundary, leaving room for further downside momentum.

Evening Trading Plan
Bitcoin ranges between 65,500-65,000, target 65,400, with a downside target of 63,000.
Altcoin (e.g., Ethereum) ranges between 1,880-1,910, target 1,850, with a downside target of 1,800.