Let's take a look at the trend of Bitcoin over the weekend. The trend was still good yesterday, with Bitcoin making small steps upward, showing a tendency to challenge the resistance level of 1,068,000, but the peak stopped at 1,061,000. From the market perspective, there is a bearish sentiment around the 1,068,000 level, which has led to a lack of opportunities for many to get in before a pullback began.
As we enter the weekend, the liquidity in the market decreases, which will weaken the upward trend of Bitcoin and intensify the downward trend. In the short term, we can focus on the range of 104,000 to 103,000. If this range holds, we can still expect a bullish outlook for the weekend. The upper resistance is still at the 1,068,000 level.
In terms of operations, we are looking at a range of 104,000 to 1,068,000, with a focus on buying as long as 104,000 holds.