The weekend market is relatively quiet, and Bitcoin continues to oscillate at a high level, repeatedly battling around the 💲102000 line.

I have been emphasizing recently that Bitcoin will not significantly break down in the short term and will continue to oscillate at a high level for three to four weeks.

From the four-hour perspective, Bitcoin has been continuously hitting the 💲105000 line, then encountered resistance and fell back, frequently testing the 💲101000 line below. During this time, Bitcoin has been oscillating back and forth within this range.

From the daily perspective, Bitcoin's upward momentum at the daily level is weak, and the major institutions' funds have shown clear hesitation.

The positive news in the market has also been mostly digested, and there is a demand for further pullback in Bitcoin.

I have repeatedly emphasized that as long as Bitcoin does not strongly break below the 💲96000 line at the daily level, it will still maintain a strong consolidation at a high level.

Ethereum has also weakened at the four-hour level, and after briefly breaking and stabilizing above the 💲2550 line at the daily level, it failed to breach the 💲2800 bull-bear dividing line.

Yesterday, Ethereum's daily level closed with a small bearish candle with a long upper shadow, and there are clear signs of fund withdrawal from major institutions, with upward momentum weakening and retail investors showing a strong wait-and-see sentiment.

I have repeatedly emphasized that there are too many trapped positions above 💲2800 for Ethereum, and I believe it is difficult for Ethereum to rise in the short term; I do not expect Ethereum to strongly break and stabilize above the 💲2800 line.