The weekend does not seem to have extreme volume shrinkage fluctuations; instead, there are still some fluctuations, so let’s briefly summarize:
Yesterday, after the price touched the blue average support zone, a significant rebound occurred, leading to the judgment that if there is a rebound, the target should be at the middle track. Subsequently, the price's rebound on Saturday was basically close to the middle track but did not touch it;
Therefore, it cannot be ruled out that there will be a secondary rebound targeting the middle track during the weekend, currently around 100500;
On the other hand, since the price quickly returned after breaking the lower edge of the fluctuation channel (cyan line), we cannot define the current trend as a bearish trend but rather as a fluctuation correction under a larger bullish trend;
When will this correction end? It's simple, wait for the price to stay above the middle track;
Before that, the correction is still ongoing, and the closer it gets to the blue average support line (currently at 89800), the higher the risk-reward ratio for going long. Similarly, as the price approaches the middle track, the risk-reward ratio for going short also increases;
Before the price confirms breaking below the blue line and causes the entire channel to move significantly downward, there is no need to shout "the bull market is over, the bear market has come"; just treat it as a range fluctuation market;
In the short term, as long as the price stays below the middle track for a long time and causes the channel to shift downward, the short-term price movement will favor bears, just like when the price stayed above the middle track for a long time in the fluctuation channel until it accelerated to test the orange average resistance level;
Personally, I still look forward to the price eventually testing the blue support zone.