$BTC Today also ends with a loss, the last day of the week, and a new week is about to begin. Looking back at the market trend on Sunday, #加密市场回调 , after days of weakness and consolidation, we finally ushered in a wave of rebound. Bitcoin rebounded strongly from the intraday low of 117138, reaching a high of 118517 before encountering resistance and falling back. The price is now in a pullback phase again. Ethereum also showed a similar trend, successfully recovering lost ground during the rebound, climbing to a high of 4574 before also encountering resistance, and is currently in a high-level consolidation state. Overall, although it shows short-term rebound momentum, the upward pressure is obvious, and the market still needs more buying support to continue the upward trend.

From a technical structural perspective, the 4-hour cycle of Bitcoin shows a "alternating cycle of slow rise and slow fall" oscillation characteristic. This type of clear and roundabout trend actually creates compounding space for short-term swing trading, and grasping the principle of going with the trend makes it easier to capture opportunities.

You can choose to deploy long orders in the 117000-117500 range to follow the short-term upward oscillation rhythm.

The target is temporarily looking at the 119000-121000 area, and pay attention to the stage pressure performance in this area.