The Saturday market continues to show a volatile pattern, with BTC maintaining a downward trend throughout the day. After reaching a peak of 117419 in the early morning, market sentiment quickly weakened, and the price continued to drop to a low of 114641 by the end of the session, with a daily amplitude of 2.77%. ETH continued its technical rebound in the morning, attempting to test the resistance level of 4887 but faced significant selling pressure. By noon, market sentiment further weakened, and after dropping to the critical support level of 4664, it stabilized and rebounded. In the afternoon to evening trading session, both bulls and bears engaged in fierce contention around the range of 4764-4690, ultimately ending with a narrow volatility pattern. It is worth noting that the 4-hour RSI indicator has entered the oversold zone, which may indicate a need for technical correction in the short term.

From the current market perspective, BTC and ETH prices fluctuated slowly in the early morning, but overall they are still in a downward trend. In the short term, it is recommended to focus on low positions. We should reasonably plan our positions to make arrangements.

Trading suggestions:

Buy Bitcoin at 114300-114800, targeting 115500.

Buy Ethereum at 4700-4730, targeting 4800.