The market on Saturday has also come to a close, just as we expected, with the overall trend mainly fluctuating around the bottom. In midday, after the Bitcoin price pulled back to a low of 107281, it rebounded, reaching a daily high of 108879. The range has not been broken yet. The Ethereum trend is slightly stronger. After a slight rise in price, it has given way to a pullback, touching a low of 4254 again, which led to an upward movement. Our precise bullish outlook provided in advance was once again easily grasped.

The current market situation continues to alternate between bullish and bearish, presenting a tug-of-war oscillation pattern. The daily chart clearly shows three consecutive bearish candles, with several instances of doji formation, and the body of the candles is relatively small, indicating a regular washout trend. Although there was a spike last night, it fell back to close in the red around midnight. This morning, after a brief rise, it retraced again, and the one-sided market is still lacking momentum. On the four-hour chart, the pattern of descending then rising repeats, with the lows being consolidated and slightly moved upwards. However, the resistance at the highs remains solid and unbroken, making it difficult to find sustainability in the short-term space. The strategy for early Sunday morning will maintain a range-bound approach, primarily focusing on shorting the rebounds.

Short near Bitcoin 109000. Target 107500.
Short directly near Ethereum 4380. Target 4300.