Bitcoin: Weekend Bulls-Bears Balance, Next Week Likely Downtrend

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Bitcoin: Weekend Bulls-Bears Balance, Next Week Likely DowntrendBitcoin / TetherUSBINANCE:BTCUSDTChaselCecilliaJudging from Bitcoin’s current price action, the daily timeframe shows that the price has been fluctuating at a high level recently. After a large bearish candle appeared on September 25th, there was a slight rebound for two consecutive days, but the momentum was weak. On the hourly timeframe, the price is in a narrow-range consolidation, currently fluctuating within the 109,300-109,700 range, with a balance between bullish and bearish forces. For technical indicators: On the hourly MACD, the DIF and DEA lines are below the zero axis, and the histogram is shrinking—this indicates that bearish momentum is weakening but has not yet turned strong. The hourly RSI stands at 46.17, close to the neutral zone, with no obvious overbought or oversold signals in the short term. Currently, the price is hovering around the EMA 7, constrained by the EMA 30, and the overall trend is relatively weak; the EMA 120 is far from the current price, meaning the short-term trend remains bearish. In terms of weekend trading, operations can continue to be based on a range-bound (oscillating) perspective for the time being. BTCUSD sell@111000-110500 tp:109000-108000 buy@109000-108500 tp:111000-110000 Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.