Last night, influenced by the fluctuations of the US stock market, the price of the coin continued its previous upward trend, soaring above 93,000. Subsequently, the price lacked long positions support, and the upward momentum weakened. The price then quickly retraced. With the smooth closing of the US stock market, the coin price entered a low-level sideways consolidation phase around 91,000. The arrival of the weekend market will inevitably extend the current oscillating situation. The bullish thinking I provided to everyone this week has been repeatedly validated by the market data as the trend progresses. Early Monday morning, we will start a new week's live channel strategy sharing. Next week, we plan to recruit a new batch of students with positions above 5,000 oil to quickly achieve the small goal of doubling the position size.

Looking at Bitcoin on the four-hour chart, it has continued to rebound this week and broke through the high point, currently showing four consecutive bearish candles for correction. The coin price has quickly retreated to run and consolidate near the mid-track. Although the coin price experienced a rapid decline, it has not formed a substantial breakthrough downwards. Currently, it remains a relatively stable upward structure. The current pullback of the coin price is still a technical correction after a continuous slow rise. After the continuous consolidation and buildup over the weekend, we still expect the continued rebound of the coin price in the future. In the short term, looking at the hourly chart, after the coin price surged and then retreated between the mid-track and lower track, it has shown alternating small bearish and bullish candles in a sideways fluctuation. The coin price has not formed a substantial breakthrough downwards. The market liquidity weakened over the weekend, and the Bollinger Bands continue to narrow. The current consolidation range is also in a continuous narrowing state, with the coin price operating near the recent low point of the price range. Therefore, after the continuous consolidation and buildup over the weekend, we maintain a bullish outlook in the future, and a pullback may be approached with a buying strategy.
The Bitcoin is long near 90200, pay attention to around 91500, the Ethereum is long near 2980, pay attention to around 3100.
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