The US stock market closed up across the board on Friday, pushing the price of BTC above $85,000. However, over the past weekend, the cryptocurrency market has been volatile, with insufficient market liquidity, and BTC failed to continue its upward momentum. Meanwhile, the conflict between Russia and Ukraine has not yet achieved a ceasefire. President Trump launched a large-scale attack on the Houthi armed forces in Yemen over the weekend, shocking the market with this 'black swan' event in the Middle East. As a result, the price of BTC sharply declined, experiencing two weeks of continuous decline, testing, and adjustments. The upcoming super Central Bank week may become an important catalyst for the change in market trend of BTC. With the Federal Reserve and the Bank of Japan set to hold meetings, the market may face significant fluctuations. It is recommended to closely follow the price action on Monday and Tuesday, and to develop reasonable intraday or intraweek trading strategies.

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Over the past weekend, the market exhibited a typical V-shaped rally structure. The price of the flatbread first surged higher, then began to retreat, briefly falling to a low near 81900, and then rebounded strongly to climb all the way to 83800. It can be seen that the price level of 84000 has formed a clear resistance level. In the early morning wave of the market, with the momentum of breaking through 84,000, the price of the flatbread coin quickly rushed to 85,000, but unfortunately, the price failed to gain a firm foothold at this high level, and soon fell again, hovering below 84,000 again. It shows that the bearish trend is obvious, and then look at the daily chart of the pie, showing a small white line stretching pattern, but there is still a distance from the translation trend line above, the daily line is more like a state of shock upward in the near future, and the probability of going down the relay is low, and a large amount of Liquidity is obtained after the pin is inserted at 85000 in the early morning. 📈 Switching to the hourly chart, the price fluctuation range began to gradually shrink, and the fluctuation range became smaller and smaller. In such a market environment, the market sentiment is clearly skewed in favor of the bears. Since the current market structure has not yet shown signs of reversal, and after the previous low point has been recalled, it has been doing convergence, and the safe way to take long is to cut around the lower edge of convergence, patiently wait for the pullback, first short and then long.