This week's Bitcoin market has experienced severe fluctuations. Initially, it corrected to around 93600 at the beginning of the week, and then, with the end of the pullback expectations in the bull market, the Bitcoin price surged, breaking the long-awaited 100,000 mark, reaching a high of around 104600, setting a new record. However, as expected, the market saw a pullback after the surge, with the price dropping to around 90,000 early Friday morning, followed by a quick rebound and another rise to the 100,000 level. In the short term, the market will still be dominated by bulls, but fluctuations are inevitable. Over the weekend, the price oscillated mainly around the range of 99000 to 101000, and after the market stabilizes, further upward space is expected. Although there were several stop-loss occurrences during the week, the overall profit remains substantial, with Bitcoin capturing a total space of 24230 points and Ethereum gaining 1393 points. It can be said that this was a spectacular and perfect conclusion, and what is even more worthy of celebration is that this week the market witnessed Bitcoin setting a new milestone, refreshing historical records.

From the current market perspective, the weekly chart continues to rise, closing last week with a doji candlestick. The support at the 90,000 level is effective, and the subsequent pullback has built momentum for the price to break the 100,000 level. The upward channel continues to open, and no significant pullback corrections have appeared. Bulls still have room to extend, with little resistance above, and the market expectation remains bullish. It is expected that next week the market will steadily stabilize at the 100,000 level, and 100,000 is merely the starting point of this round of the bull market. The mid-line on the 4-hour chart has formed oscillations nearby, consistently stabilizing after dips, indicating effective support at the mid-line. Once the weekend market ends and the market rhythm resumes, the price is expected to further stabilize above 100,000. The current market is still in a bull market, maintaining a bullish outlook, while after the deep spike pullback on Friday morning, risk management is also particularly important. We continue to maintain a bullish mindset and go with the trend.

Bitcoin 99600-99300 long, target around 103500

Ethereum 3970-3950 long, target around 4050. #Meme齐涨 #Cardano基金会推特被盗 #粉丝代币板块普涨 #SUSHI2025产品路线图