The dispute between Trump and Musk has ended with the impact of this wave of market trends as the weekend arrives.

Over the weekend, the market fluctuated upwards, recovering the previous losses in two days, but signs of consolidation appeared around 105000-106000.

In the short term, Bitcoin shows a top formation indicating short-term pullback pressure, and the red three soldiers have not continued to rise; the recent doji star suggests a balance or reversal of bullish and bearish forces.

From the MACD histogram, it can be seen that the bullish momentum gradually weakened from high to low over the weekend.

Several indicators show that the market has entered a relatively cautious state, with weak momentum, which may continue a fluctuating trend. The upward space for Bitcoin is limited at 106000-107000, but there is support below at 104000-102000.

From the ETF data, it can be seen that overall, it is still closely linked to Bitcoin's operation. After the warming phase, the market is hovering around 2450-2550, also showing a fluctuating range.

Yesterday, Yumi mentioned that if the market stabilizes above 105000/2500, there is upward space. Today, the long positions have already taken profits. Currently, the four-hour MACD is trending upwards, but the trading volume has decreased, and bullish momentum is sluggish. Be aware of potential pullback signs.

In the short term, one can adopt a high sell and low buy model around resistance and support areas. Next, we will have to see the changes in the evening market. If the bulls continue the upward trend from the weekend, pay attention to whether the resistance at 106500/2580 can be broken. If it breaks, last week’s downward test may come to an end.

If it falls again in the evening, the fluctuating cycle will likely continue for a while longer.

The weekend rhythm has slowed down, and trading volume has decreased, leading to a slowdown in investor sentiment. Even the previously large number of loss-making investors who exited the market have reduced their exit activities, leaving only to wait for the evening and Monday’s US stock market opening.