$BTC It’s already the weekend again, and the market is still seeing no major turbulence. After Bitcoin saw a deep pullback in the early hours of the morning, it did not continue to move downward, nor did it usher in a reversal; instead, it has been trading in choppy sideways action near the 78,000 level below the midline, with no clear overall direction at present. The current market is in a grinding “time for space” pattern, and it still requires patience to wait for a directional breakout. For now, the market continues to maintain a range-trading tug-of-war. As long as the upper 79,000 high is not effectively broken, trading will continue to be arranged back and forth within the range. For today’s outlook, the overall strategy is mainly to look for buying on dips with low positions.



From the overall structure of the order book/price action, the current market still maintains a range-bound oscillation and tug-of-war pattern, and the key highs and lows have not achieved effective breakouts; the overall operating structure remains unchanged. In the short term, resistance above is clearly evident. If the price falls, it may have stage-by-stage correction needs, but the overall bullish trend has not been damaged—do not blindly short against the trend. On the trading execution side, patiently wait for the pullback to stabilize, then follow key support levels to go long on dips accordingly. The four-hour chart has entered a Bollinger Band contraction and consolidation state. As the oscillation range keeps narrowing, once sufficient buildup is completed, the bulls will likely see an expansion in volume for a push higher. Based on the analysis of the overall market structure and cycle patterns, the evening and midnight trading approach should be unified around buying on dips during pullbacks.

Saturday evening Bitcoin: Go long near 77,500, target 79,000

Saturday evening Ethereum: Go long near 2290, target 2350

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