The weekly market situation has once again completed its cycle. Since the beginning of the week, BTC's price has shown several instances of plummeting and rebounding as it approached the 120k mark. Clearly, there is significant resistance above. After successfully breaking through the price, it quickly retreated and entered the oscillation range of 119500-117000. Throughout the week, the performance of the market has been relatively stable, with a clear trading strategy and considerable operational space. The so-called "Black Friday" first saw a surge to the critical level of 119500, followed by a plummet starting from midnight, with an intraday decline of nearly five thousand points. With our professional analysis of the market trends, we have also successfully captured quite a few opportunities. The price hit around 114700 and stopped falling, and as expected, the market did not continue to decline. As we entered the weekend, the price showed a pattern of oscillating upwards after hitting the bottom. The performance of Ether, however, was different, showing a "V" shape throughout the week, first declining and then rising. We have always mentioned that the long-term view can still reach around 4000, and our strategy this week has been quite effective, with some positions in BTC accumulating gains of 15,000 points. Due to busyness, there were also some statistics showing 400 points in Ether. We have consistently emphasized that the ease of navigating the market depends on whether you have done a good job in position management, planning profits, and self-discipline. Opportunities are always present; if you miss them, do not lament. If you seize them, do not become complacent. Focus on stability, review each day thoroughly, correct any problems promptly, and maintain a winning mindset. Wanting to turn the market is merely a matter of being opportunistic.

From the perspective of the market trend, BTC's monthly k has consistently operated along the upper track, showing a four consecutive rises trend upwards. The upper track at the 120000 level remains a key resistance point for the future. Combining with the weekly k, it appears that BTC may further rise next week, with strong resistance levels to watch at 120000, 123000, and 125000. As for Ether in the long term, we continue to be bullish as the 4000 level is very close. BTC's daily Bollinger Bands are gradually narrowing, with the price returning from the upper track towards the middle track, maintaining high-level oscillation recently, with a relatively stable trend. There is strong resistance in the 120000-121000 range above. Currently, we can first look at the middle track support at 117500. Technical indicators show that the momentum remains strong. We await clear direction after the evening market opens. Looking at Ether's trend, a pullback is expected first; do not chase after high prices. Switching to the four-hour view, the price is fluctuating around 118000, building momentum for the upcoming market conditions. The MACD indicates that the short-term momentum is gradually increasing, with the dual lines operating below the zero axis. In the short term, we are still looking for a pullback before further buying; if the target is unclear, it is advisable to choose cautiously.

The BTC can wait for a price adjustment in the evening around 117000-116500 to enter long, with targets looking successively at 118500 and around 120000. Ether can be entered around 3700, with targets looking at around 3820-3850.