Market trends always start in despair, surge or plummet in hesitation, and end in madness. Opportunities are fleeting; hesitation leads to defeat. Only decisiveness allows you to eat the gains. Whether in a bull or bear market, the biggest risk is not being trapped but missing out. Wealth is the realization of your knowledge; if you can't hold, it only means you don't understand. You don't deserve to own wealth that isn't yours. Recently, the bearish trend has undoubtedly been the dominant force. Since Thursday, Lao Gao has expressed a bearish outlook, accurately predicting market movements. Last night, he again provided bearish analysis. Bitcoin started to face resistance and decline from around 66,320, with a slow downward trend. This afternoon, the bearish momentum accelerated, breaking through key levels multiple times, with the lowest dropping to around 62,979, a decline of over 3,000 points. Ethereum faced resistance from the high of 1966 last night and also accelerated downward this afternoon, with a low of around 1834. Last night, we closed all short positions near 66,200 for Bitcoin and 1958 for Ethereum, locking in profits. Bitcoin gained 1,700 points, and Ethereum closed with an 81-point gain.

From the current market situation, Bitcoin's daily chart has formed a three-day consecutive decline, dropping from the midline to the lower band, which is also near the previous breakout point. Earlier this week, all gains were wiped out by the bears. The four-hour chart shows a wave-like downward trend, with rebounds and declines occurring step by step. The rebound highs are decreasing, and the lows are lowering and being refreshed, indicating a dominant bearish trend. Given that the single-sided decline has slowed, the weekend's key points suggest waiting for a bullish rebound to recover strength before considering shorting. In the short term, look for a bullish rebound.

On Saturday, Bitcoin at 63,500 can be bought with targets around 64,500-65,000.

Ethereum near 1,835-1,850 can be bought, with targets around 1,900-1,950.