Weekend market movements unfolded as expected with needle fluctuations. BTC probed down to the 68228 level and rebounded off the bottom, while ETH synchronously tested the 2060 key support level. The overall trend perfectly aligns with the expected range rhythm. Currently, the market shows no trend-breaking movements, and the large-cycle rebound logic remains unchanged. Short-term focus is on range-bound consolidation repairs, with emphasis on grasping precise support and resistance level operations.

Big Pancake (BTC) Operating Strategy

Core Support Zones

• Strong Support: 68000-68500 (needle low point + weekly moving average confluence zone, institutional chip absorption dense area, very low probability of breakdown)

• Defensive Support: 67200-67500 (if 68000 is breached, this level represents the extreme limit of bears' second probe, can serve as an extreme long position defense line)

Key Resistance Zones

• First Resistance: 70800-71500 (short-term moving average suppression + upper edge of previous consolidation platform; firm establishment in this zone confirms rebound continuation)

• Second Resistance: 72800-73200 (daily-level trend line pressure; breakthrough opens upside space)

• Ultimate Target: 75000-76000 (options large position pain point zone; volume breakout could reach toward 78000)

Operating Strategy

• On pullbacks to 68000-68500 range, build long positions in tranches with stop loss below 67500, target first at 71000, breakthrough target 72800;

• If rebound near 71500 faces resistance and pulls back, can attempt light short positions with stop loss above 72000, target retesting 70000 level;

• If unexpectedly breaks below 68000, do not blindly chase shorts, wait for stabilization near 67200 before catching longs again; overall trend remains range-bound rebound, avoid excessive bearish bias.