On the weekend, Bitcoin's market volatility is not large, with the price almost in a horizontal trend. In terms of the current pattern, after Friday's high and subsequent pullback, there hasn't been a significant rebound, and the high points have even decreased. There have been no signs of an upward trend in the short term, and the pullback is still ongoing. However, from a daily perspective, the overall trend is still in an upward rhythm, especially after the price tested the support at the 90800 level, where it fluctuated higher and maintained above 95000. We can also understand this as a confirmation of support after a pullback. If the price can continue to stabilize above this position, there is a high probability of a new day of increase after the consolidation, and it may even directly break through the important psychological level of 100,000. This stage is crucial for market participants, and it is important to closely monitor price fluctuations and changes in trading volume. Moving forward, as long as the trend structure does not change, decisive action can be taken to enter positions during the pullbacks!
For short-term trading strategies, it is still advisable to maintain a consolidation mindset, first shorting in the short term, stopping near the 95000 level before entering positions, aiming for 98000. For Ethereum, the current price is around 3730, which can be shorted directly, looking for a pullback near 3550, then stop again! During the weekend, no significant rises or falls are expected, so it is better to refer to the high and low ranges for trading, and adjustments can be made based on market signals after the weekend.