Bitcoin is still consolidating in a range, with the hourly support level remaining effective. The current price has stabilized above 100,000, and the support level has moved up. The resistance level to watch is around 102,500. As the weekend arrives, there are no particularly significant news in the market, so it is not advisable to chase the price at high levels. Instead, it is better to wait for a pullback. After the price rises, the bullish reasons you previously couldn't find have now become reasons, which is a change in sentiment. At this moment, it is essential to respond more rationally, and remember not to blindly follow the trend. After all, the technical pressure still exists, and the momentum for further increases has already weakened. Moreover, in a normal structure, there is an expectation for a pullback here. In recent days, Bitcoin has shown an extremely strong competitive trend, surging quickly and then sharply dropping, followed by a steady rise again, which seems to have become a routine. If one wants to trade back and forth between long and short positions, one must act decisively.

Ethereum has also displayed a relatively sluggish performance over the weekend. The upper resistance can be focused on 3,900-3,950, while the lower support currently can be observed at 3,800-3,820. In the shorter time frame, we can see that this phase is merely a correction in the market. However, note that a change in trend will not occur just because of a drop or a surge; even if there is a trend reversal, it requires a process and a cycle to construct a bottom. A bullish trend will not change because of a single drop, and similarly, a bearish market will not change because of a single rebound. A trend reversal must combine both time and strength. The price of the coin has been consistently operating above the middle track on the four-hour level, and the space for a pullback is also a normal correction area, not transitioning into a weak downward trend. Currently, the short-term structure shows relatively strong performance, and the space for a deep pullback is limited. Moving forward, relying on the middle track for defense, it is still possible to pull back and take a long position.