Weekend Market Analysis:

Bitcoin (Big Cake) and Ethereum (Second Cake) are expected to maintain a narrow range of fluctuations, with a focus on the following key levels:

Bitcoin Support Level: $116,000.

Ethereum Key Range: $4,350 - $4,400.

In terms of weekly closing, both major cryptocurrencies are expected to show a long upper shadow formation, with Bitcoin likely closing with a small bearish candle. Whether Ethereum can hold above $4,350 will determine if it closes bearish for the week.

Pay close attention to potential fluctuations that may occur on Sunday night.

Altcoins:

Currently, the altcoin market needs to maintain a rational understanding: there has not yet been a clear signal for an altcoin season, and the market lacks sufficient narrative momentum and liquidity support.

The existing recommendations for certain cryptocurrencies are merely conventional analyses and not predictions for the start of altcoin season.

A true altcoin season requires: innovation-driven narratives, sustained capital inflow, and increased market enthusiasm.

Currently, these conditions are not fully met, and it is advised that investors maintain objective judgments and avoid blindly chasing price increases. #美联储取消创新活动监管计划 #加密市场回调