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This week's fluctuations and sharp falls feel like a test of repeated tug-of-war, yet they quietly hide signals from the market. Whether it's Bitcoin's range consolidation or Ether's follow-up adjustment, new directions are always brewing amidst the ups and downs. Don't rush to feel anxious, and don't panic and chase after it; let the rhythm slow down—every fluctuation in the market teaches us to understand its temperament better. Rest well, organize your mood, and in the next phase of the trend, there will always be a moment of calm that belongs to you.
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Today was thought to be an outbreak but turned out to be a feint! Bitcoin has stabilized around the 118000 line today, with a maximum only touching around 118400. However, Ether has made a small upward surge again, once again hitting the high position at around 3840, and then stopped and retraced, currently around 3810. The rhythm has shifted back to fluctuations, and it's unclear how long it will consolidate, making people anxious! From the current market perspective, it presents a clear characteristic of a tug-of-war between bulls and bears. The previous market was completed with a bullish candle that effectively restored the confidence of the market bulls. The future direction focuses on the actions of the US market on Monday morning, but from the overall pattern, the market next week is leaning bearish. For more details, let's discuss in the live broadcast room of Yibo in the evening.