Friday Afternoon: Not being a fence-sitter, the Rebound remains bearish

The afternoon market continues the morning rhythm, with Bitcoin (BTC) maintaining a range-bound fluctuation since its rebound in the early morning. Although the volatility has narrowed, it remains in a relatively low zone, with weak rebound strength, and the short-term trend is still dominated by bears.

From the 1-hour timeframe, the price is currently engaged in a tug-of-war near the middle band of the Bollinger Bands. Although the bulls are attempting a rebound, the momentum is clearly insufficient, and they have failed to effectively stabilize above the middle band, indicating that selling pressure from above remains heavy.
Therefore, in the afternoon, the strategy of **maintaining "Rebound as the main focus for short positions"** remains unchanged.

📉 Operation Reference:

BTC (Big Pie): Focus on short opportunities in the 1215-1220 range, with a target below at around 120,000. If it dips but doesn't break down, consider a short-term long to bet on a rebound; if it breaks down effectively, further downward space is expected.

ETH: Pay attention to short positions in the 4350-4370 area, with a target below in the 4250-4200 area.

Overall, the current market is in a weak fluctuation phase. Short-term operations should mainly follow the trend, with Rebound high positions still being the main theme. Light positions with a fast pace, prioritize defense.

Closing Outlook and Risk Warning

As the weekend approaches, market sentiment may fluctuate easily, and there may be a temporary tightening of funds. It is recommended to control positions and avoid emotional trading.
If the price does not regain the key resistance zone in the evening, the bears will still take the initiative; on the contrary, once a significant breakthrough occurs, the strategy can be adjusted again.

Market conditions change rapidly, and the above views are for reference only in market analysis.