The market conditions over the weekend remain relatively stable, with overall trading staying within a range of fluctuations. The overall volatility is around a thousand points. During the day, the price of Bitcoin peaked at the 107538 line. Ethereum showed strong performance, experiencing a slight increase during the day, peaking at the 2447 line.

The overall trend over the weekend is also quite calm, with both bulls and bears lacking significant continuation, returning to sideways fluctuations. The daily structure has faced multiple downward movements but has been supported by the lower boundary, providing some rebound space. Overall, it is still in a stage of accumulation. Regarding the current formation, we continue to treat it as a corrective pullback; the overall upward trend of the larger cycle has not changed, but the previous round of corrections did not allow for bullish accumulation, requiring another pullback, which is essentially a second correction. After completing the correction, it will still continue strongly. This round of pullback is basically in line with our expectations; we can participate in low buys on Saturday midnight.

Operational Suggestions

Long Bitcoin at 106800, target 108000

Long Ethereum around 2400, target 2480