Market trends are often hidden in the details, and data is the most honest witness. The performance of Bitcoin and Ethereum this weekend clearly illustrates the point.

From the actual market situation, Bitcoin reacted to pressure after opening the US stock market last night, surging to around 91,983 before encountering resistance, then quickly falling back, with a low of 90,049 at midnight. Ethereum's rhythm was similar, surging to 3,144 but failing to hold, eventually retreating to around 3,064. The appearance of these two key points basically outlines the current market temperament.

Looking at the technical aspect, on the 4-hour chart, the market showed a volume-driven rally, with the price breaking through the middle band of the Bollinger Bands and immediately encountering resistance, forming a clear long upper shadow. This pattern indicates that there are indeed many sell orders above, and the phased selling pressure has become the dominant force. Although the bullish and bearish momentum indicators show a slight upward trend, whether they can effectively break through the key resistance levels remains to be seen.

Switching to the 1-hour cycle, the situation becomes clearer. After the price broke above the middle band of the Bollinger Bands, it faced a pullback pressure. The entire short-term trend has been operating below the middle band, indicating a genuine need for technical correction in the short term. Plus, with liquidity being tight over the weekend and trading activity declining, the operational approach during this period should be more cautious.

From a trading perspective: Bitcoin can be watched around 91,000 for short opportunities, targeting 89,500; Ethereum can be selectively positioned around 3,100, with a target of 3,000. However, these are just technical references; specific operations should still be based on your own risk tolerance.

Overall, this weekend's pullback is actually the market doing a technical correction, and short-term adjustments often help accumulate energy for the subsequent trend. Stay patient and wait for clearer directional confirmation; such an approach is usually more prudent.