Bitcoin Saturday Market Analysis
Bitcoin has been in a state of fluctuation and consolidation over the weekend, without significant 📈📉, and its volatility is similar to usual sideways movements. Although there was a surge in price on Friday 📈, the upward momentum could not be sustained and it subsequently fell into a period of fluctuation. However, from the current trend, despite the fluctuations, there is clear support below. Although the upward push has temporarily failed to continue, the overall pattern has not deteriorated and instead shows signs of building momentum.
It is evident that the upward push is merely gathering strength, and the resistance above is not insurmountable. Therefore, we maintain a strong bullish outlook for the future market and look forward to the upward movement brought about by the upward push.
Morning trading strategy:
Bitcoin: In the range of 102300-102800, we recommend a buy, with a target price reaching 104000.
Ethereum: In the range of 2300-2330, we suggest a buy, targeting 2450.