Bitcoin Weekend Market Analysis and Strategy

The Bitcoin market over the weekend, after experiencing a consolidation and a rise, often welcomes a wave of correction. In contract trading, maintaining a sense of awe is key to protecting oneself, while strictly adhering to stop-loss discipline is the baseline for survival. The market never shows mercy; once the price breaks, one must exit decisively, as any hesitation may lead to missing the opportunity to escape. Loneliness is the norm for traders, and the hustle and bustle of the market often conceals traps. True trading opportunities often arise at market turning points that no one pays attention to, rather than in the hot spots that everyone chases.

In decision-making, we should wield logic as our sword, cutting through emotional interference. Before each trade, one should ask oneself three reasons to ensure that the decision is well-founded; during execution, one should act strictly according to the plan without any luck-based thinking.

In the morning, Bitcoin's price fluctuated around 103,000. With the strengthening of bullish forces, the price was once lifted to around 104,100, but then a correction occurred. It is evident that the weekend market mainly revolves around the range of 104,000 to 103,000, and the current price has retraced to around 103,600.

Due to the weekend effect, the overall volatility of the coin price is relatively small, mainly fluctuating around the range of 94,100 to 93,000 (there may be a typo here, it should be 104,100 to 103,000 according to the previous text). Therefore, we have not provided overly aggressive trading advice, but rather suggest investors engage in high selling and low buying operations within this range. The weekend market presents an excellent opportunity for short-term investors to accumulate positions and profits.

Trading Strategy Recommendations:

Bitcoin: Short at 104,000-104,500, target towards 103,000.

Ethereum: Short at 2,410-2,440, target towards 2,350.