Everyone, have a great weekend~ I’m Hua Zai!

Bitcoin has been fluctuating back and forth around 80,000 all weekend. Today, I’ll simply go through the current market trend for everyone, and forecast the overall rhythm for next week—direct analysis, and every sentence is practical, no filler!

From the market trend perspective, Bitcoin’s support around the 80,000 level is solid, and signs that it has stabilized are very clear. On the hourly timeframe, the price has been staying above the middle band of the Bollinger Bands; after a dip around 80,124, it quickly rebounded and rose again. It has never effectively broken below the key 80,000 integer level. During the same period, net capital inflows into the market exceeded 85.38 million dollars. Bullish buying support is sufficient, and the main institutional capital in the market has not chosen to leave. The Bollinger Bands are gradually narrowing and flattening; the price fluctuation range is continuously compressing. Currently, the 80,380-80,962 range has been trading sideways and building up momentum. After this kind of long-duration narrow-range consolidation, it is highly likely that a substantial one-way move will follow.

Ethereum is also stabilizing and strengthening alongside the broader market. It has received strong buying support at its own key support levels, and there has not been any separate weak downward trend. On-chain staking scale and institutional holdings additions have both remained in a healthy state. Once Bitcoin breaks out and starts rising, Ethereum’s upside explosive power will be far higher than that of the “big BTC bet” (BTC). For the short term, the focus is on whether it can break through the 2,300-2,350 resistance level.

In terms of news, next week’s core focus is the progress of U.S. crypto-related legislation. Once the bill is smoothly passed and implemented, industry regulatory rules will become fully clear, and an enormous amount of institutional capital will accelerate into the market for planning and positioning. Combined with the market’s increasingly clear expectations of Federal Reserve rate cuts, the U.S. dollar will likely head lower afterward. Multiple positive factors together will drive the crypto price higher.

Hua Zai’s view is very clear: the 80,000 support level has already been firmly held. Next week, the market is likely to begin an upward trend. For Bitcoin’s short-term move, the first thing is to break through the previous high at 81,000. As long as it can trade with volume and hold above that level, the next upside targets will be in the 82,000-83,000 range. Ethereum will rise in sync and follow the move.

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