# Weekend Market Analysis: BTC and ETH

The weekend market volatility unfolded as expected, with BTC rebounding after testing the 68228 support level, and ETH simultaneously testing the critical 2060 support. The overall trend perfectly aligns with our expected range dynamics. Currently, the market shows no trend-breaking signals, and the large-cycle rebound logic remains intact. In the near term, expect range-bound consolidation and recovery, with focus on precise support and resistance level operations.

## BTC (Big Pancake) Trading Strategy

### Core Support Zones

• **Strong Support:** 68000-68500 (pin needle low + weekly moving average confluence zone, dense institutional accumulation band, extremely low probability of breakdown)

• **Defensive Support:** 67200-67500 (if 68000 fails, this level represents the extreme lower limit for bears' second retest, can serve as an extreme dip-buy defense line)

### Key Resistance Zones

• **First Resistance:** 70800-71500 (short-term moving average pressure + upper edge of previous consolidation platform; stabilization here confirms rebound continuation)

• **Second Resistance:** 72800-73200 (daily-level trend line resistance; breakthrough opens upside space)

• **Ultimate Target:** 75000-76000 (options large position pain point zone; volume breakout could target near 78000)

### Trading Strategy

• Scale into longs at 68000-68500 pullbacks, set stop loss below 67500, target 71000 first, breakthrough targets 72800;

• If rebound stalls near 71500, consider light short positions, stop loss above 72000, target retest 70000 level;

• If 68000 unexpectedly breaks, avoid blindly chasing shorts; wait for stabilization near 67200 before buying dips. Overall trend remains range-bound recovery—avoid excessive bearishness.