Looking back at Saturday's market, the Bitcoin price rebounded after a pullback to the low of 103800 in the early morning. The daily BTC price has shown a consistent upward trend, although there were slight pullbacks along the way, their impact was minimal and did not change the bullish trend. Our midday strategy of chasing rising prices also proved to be effective. The Bitcoin price reached a high of 105758. The Ethereum intraday movement was basically in sync with BTC. After a pullback to the low of 2455 in the morning, it rebounded from the bottom, reaching a high of 2524 during the day.

From the current market analysis, the overall trend for Saturday is still presenting a range-bound operation. Compared to previous Saturdays, today’s performance is relatively outstanding. Although there was a spike last night, it fell back and closed lower at midnight, indicating that a one-sided trend is still lacking momentum. On the four-hour chart, the repeated rise after dips is playing out, with the lows being solidified and slightly moving up; however, the resistance at the highs remains strong and unbroken, making it difficult to find continuity in the short-term space. The strategy for midnight maintains a fluctuation approach, primarily focusing on shorting during rebounds.

Operation suggestions
Short near BTC 105700. Target 104500.
Short near Ethereum 2520. Target 2450#加密市场回调 #BTC #ETH