The market on Saturday was quiet with minimal fluctuations, remaining in a narrow range with almost no movement during the session.

On the technical front, the daily candlestick chart is dense, with volatility continuously narrowing. The short- to medium-term moving averages are intertwined, indicating a strong wait-and-see sentiment. The Bollinger Bands on the four-hour chart are tightening. The buying and selling forces are balanced, making it difficult to break through effectively. It is expected that the fluctuations will continue in the short term, with a possibility of a downward probe. Given this, the intraday outlook remains cautious.

Operation recommendations:

For Bitcoin, 1073 00-10 7800 cautious, looking at around 106000.

For Ethereum, 2440-2460 cautious, looking at around 2350. #币圈现状