The cryptocurrency market may show a relatively stable trend this weekend. The price of Bitcoin (BTC) is expected to continue to pump after recently breaking through the morning high of $117,880. However, investors need to closely follow the brief sharp fall that occurred last night. If the price fails to break through yesterday's highs and lows, the possibility of a sideways consolidation is high.



The current market's short-term downward momentum has weakened, but the overall bearish pattern has not changed. The rise in the rebound may be limited, and investors should follow the pressure in the range of $118,000 to $118,500.

For Bitcoin, you might consider looking for entry opportunities near $117,000 to $116,200, with a rise target set in the range of $118,000 to $119,000. If the price cannot stabilize, it may fall back to around $116,800 or $115,800.

For Ethereum (ETH), you can follow the support range of $4,400 to $4,320, with rise targets set near $4,480, $4,550, and $4,650.

Overall, market participants should remain vigilant, closely monitor price trends and changes in trading volume, and manage risks effectively. In this uncertain market environment, it is crucial to adjust strategies promptly and maintain flexibility.
BTC-0.02%
ETH-0.95%
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SelfSovereignStevevip
· 2h ago
What's up with the sideways now?
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GateUser-ccc36bc5vip
· 17h ago
Entered a position and bought the dip first.
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GweiWatchervip
· 17h ago
The crypto world is still early.
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AirdropHunter9000vip
· 17h ago
It's time to Be Played for Suckers again.
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GasGrillMastervip
· 18h ago
pump market is there anything good to say!
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MrRightClickvip
· 18h ago
Already trapped, can't run.
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ConsensusBotvip
· 18h ago
Those who are bearish should quickly go all in and start shorting.
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