Indeed, the weekend market showed very little volatility, fluctuating back and forth by about a thousand points, with Bitcoin generally in a slow recovery trend. This morning, after spiking up to 79,145 and then facing resistance and pulling back, it is currently hovering around 78,700 within a narrow range. Yesterday, our strategy clearly indicated a retracement buy-in approach, with long positions placed around 78,000. In this small-range oscillation market, we smoothly secured a 800-point profit. The overall market rhythm is basically in line with expectations, only the fluctuation pace is a bit slow, and holding positions requires waiting longer. In such a market, you must be patient and steadfast; don’t hesitate to enter during hours of oscillation, then hesitate again when the market swings significantly. If you hold this mindset, the only one losing out in the end will be yourself. Today’s outlook remains unchanged: wait for retracements to continue buying low, and Monday’s market is likely to explode, possibly breaking through the 80,000 level!

From the overall market structure, the current trend still maintains a range-bound tug-of-war pattern, with lows not effectively broken and highs not yet moving higher, continuing the oscillation structure. In the short term, resistance above is clearly present, and retracements have some strength, but the overall higher-level bullish trend remains unchanged. Do not blindly open counter-trend short positions. Operation-wise, patiently wait for the retracement to stabilize before buying on dips. The four-hour chart has entered a Bollinger band narrowing consolidation phase; once the range oscillation further tightens and gathers strength, the market is likely to see a strong bullish surge. Today’s overall trading strategy remains focused on buying on dips.

Sunday morning Bitcoin: buy around 78,000, target 80,000

Sunday morning Ethereum: buy around 2,310, target 2,400

$BTC #美国寻求战略比特币储备