Saturday has also come to an end, and the overall market trend is not too significant. The intraday bearish trend is gradually losing strength, while the bullish trend shows a slow upward movement. Although the volatility has not been substantial, the overall market is slowly trending higher. Currently, the price of Bitcoin is around 103200. Ethereum's movement is basically in line with Bitcoin, reaching a peak of 2447 during the day under pressure. The overall market trend over the weekend is relatively slow, with opportunities for both bulls and bears!
The overall weekend trend is also quite flat, with both bulls and bears lacking certain continuation. The market has returned to a sideways consolidation phase, and the daily structure's downward movement is also hindered by support at the lower bound, providing some rebound space. Overall, it is still in a low-position accumulation stage. Regarding the current formation, we still treat it as a correction and pullback. The larger cycle's upward pattern has not changed; the previous round of correction did not complete the bullish accumulation and requires another pullback, essentially a second correction. After completing the correction, it will still continue to be strong. This round of pullback is basically in line with our expectations, and on Sunday, we can participate in low buying opportunities. #BTC走势分析