The weekend has early reminders that Monday's market change is approaching

Recent market trends have shown slight corrections during the day, with increases in the evening. In the morning, Bitcoin reached a peak of over 98,000, just hitting the nearby short-term trend resistance level. Short positions were decisively placed, and currently, BTC has dropped to around 96,000, allowing bears to perfectly harvest a profit of 2,100 points. After maintaining short positions in the rebound at high levels for several days, the bears finally arrived as expected to take profit.

From the hourly technical perspective, the Bollinger Bands are opening up. Previously, a green 9 appeared on the TD indicator around 97,800, and there has been a slight pullback since then. The upper middle line and MA30 are intersecting around 97,000, forming resistance, while MA5 and MA10 are intersecting around 97,300, forming another resistance level. Key focus is whether it will break through. On the 4-hour chart, a doji candle was formed at the top, indicating a reversal signal, followed by a large bearish candle. Currently, the Bollinger Bands are tightening, and the upper moving averages are crossing and providing resistance. Once the Bollinger Bands open up, it is expected that Bitcoin will have a larger correction space, with the target for this correction focused on the 93,000-90,000 range.

For short-term operations during the day, it is still advisable to maintain a high short position. Bitcoin is shorting around the 973-975 range, targeting 960-955. Ether is shorting around 370, targeting the 3640-3600 range.