This weekend, the market is no longer so low-key, but continues the weak trend from Friday, with the price ratio giving a deep pullback again. Yesterday, Bitcoin rebounded to a maximum of around 103940. After a thousand-point space, the price ratio once again faced downward pressure, slowly oscillating downward, accompanied by slight downward pin bars. Bitcoin's morning low reached around 100789, which also led to a stop loss for yesterday's bullish outlook. The market performance is not satisfactory, but there is nothing we can do about it. The previous predictions over the past ten days have been very successful, but recently, predictions have been repeatedly blocked. However, that’s okay; we will maintain our mindset and continue to provide market analysis. What does not defeat me will only make me stronger.

Bitcoin's daily chart shows consecutive bearish candles giving back gains. The previous day's upward probe was fleeting, quickly leading to a pullback. The lower shadow line is elongated, creating a pattern of inducing buying. The price ratio is testing the previous low of around 100305 again, and touching nearby quickly leads to a rebound. Currently, the price ratio is oscillating around the 102 level. After consolidating, it remains to be seen whether it will continue to decline or provide a rebound. We should pay attention to the significant level of 100,000 below in the next day or two, which is a key point for the long-short game, as well as a turning point for future trends. If it can hold, there will still be momentum for further upward movement; all pullbacks and corrections may be fully reflected in the upcoming week. Currently, from the daily chart perspective, the price ratio has returned to near the low point of the range. We are looking for a wave of price ratio bottoming out and rebounding, ensuring the defense of the significant level below. The volatility base is large, and we will enter lightly. We will proceed cautiously and continue to buy on dips.

In the afternoon, Bitcoin can be bought at 102000-101500, targeting around 104000; Ethereum can be bought at 2250-2220, targeting around 2350. #加密市场回调 $BTC