On Friday, Bitcoin did not provide a significant pullback as expected, and the daily chart still closed with an upper shadow. It is anticipated that the momentum will continue to weaken over the weekend, with a rhythm of oscillation and correction. After taking a short position in the short term, watching for a sideways halt in the evening, I promptly suggested going long, which generally aligns with expectations.

The four-hour chart is quite complex, with neither the bulls nor the bears showing strong continuation. Given the large volatility base, adjusting direction is what we need to focus on. Slow rises and fast declines are characteristic of the ending phase of an uptrend as well as the conclusion of a correction. The K-line continues to contract around the upper and lower bands, so we should not chase this rhythm. Whether bullish or bearish, we must wait for good positions before following up. Currently, we are at a high position, and after a weekend surge, we can look for opportunities to go short.

On Saturday, Bitcoin's short-term target is near 98,000, with the goal to watch around 96,500.