Saturday's trading ended, and Bitcoin BTC appeared strongly near the key support level at 84000 without achieving a significant breakthrough. Technically, this situation indicates a scene of recovery, with the recovery structure clearly evident on the daily candlestick chart. In the daily chart, the long lower shadow appears as a giant pin bar, indicating the resilience of long positions at this price. Although today's price increase was somewhat recaptured by short positions, it should be noted that today is a weekend holiday, and thus market activity in general is low, and light trading leads to relatively small fluctuations. In the afternoon, the price of Bitcoin was subject to oscillating trades for many hours, and after the oscillation, the price began to successfully expand again, currently reaching the upper limit of the oscillation range, showing a typical V-reversal pattern, and the price returned to near 86000. However, due to the weekend holiday's impact on the market, the strength of long positions makes it difficult to strongly stimulate the market, and the price is engaged in a backward trading withdrawal pattern throughout the day. We should monitor the decline in the strength of short positions in this process, as the current price has begun to compete strongly around the 86000 level. Through a comprehensive analysis at several technical levels, the general trend for Bitcoin BTC is expected to exit a new recovery cycle. Accordingly, in the trading strategy for the beginning of next week, our first target can be set at the 88000 level, while the second target is aimed at the 90000 level. In the early morning trading strategy for today, investors are advised to maintain a waiting strategy for the long rebound and closely monitor PA to take advantage of trading opportunities.

For Ethereum, the recovery strength compared to Bitcoin is clearly weak. During the white trading period, the price of Ethereum rose to a level of 2279, then faced strong resistance, then steadily declined, reaching a low of 2142, then began to recover. The price rose to a high of 2234 and then fell again, currently trading in the range of 2200. From the current perspective, this is considered the initial recovery phase after the decline. From a larger time frame perspective of the daily candlestick chart, Ethereum remains in control of short positions, and the recovery has not succeeded in stimulating long positions to form period intersections in the shorter time frame. In addition, Friday and Saturday are holiday days, and market liquidity flow will be somewhat affected, potentially leading to the formation of a specific volatility zone during these two days. If the recovery in the shorter time frame fails to successfully break through the main resistance level, it is highly likely that the short positions trend will be activated in the daily candlestick chart. Therefore, through a comprehensive analysis from a macro perspective, the market remains under the control of short positions, and the current recovery is only a temporary adjustment in the direction of major short positions. Strategically, investors are advised to focus on trading around fire points within the range, carefully monitor price movements, and manage risks appropriately.
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