Bitcoin has been saying for a long time that it would retrace to around 107,000, and this position has indeed arrived as promised. The good news is that it did not break below this level but instead has rebounded. Therefore, the short-term retracement of Bitcoin will come to an end, and the fluctuations over the weekend are expected to be relatively small. The first resistance on the way up is around 111,000, showing a trend of oscillating upwards.
Since Ethereum broke below the 4,460 level, its upward momentum has significantly diminished. Looking at the hourly chart, it appears to be oscillating around the support level of 4,360. As long as the trend line does not reclaim this key level of 4,460, there won't be much upward movement. It remains in an oscillating trend, which aligns with the characteristic of small fluctuations over the weekend.
For SOL, which was recommended to everyone around 180, after reducing positions near 214, the current price has once again caught our interest. Friends who are currently out of positions can consider entering around 200, while those with positions can add to their holdings near 194.
Wishing everyone a pleasant weekend. If there are no market movements, take a good rest. The unemployment rate and non-farm payroll report next Friday will likely cause significant fluctuations, so please pay extra attention.
