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Weekend news mainly revolves around geopolitical events, with US stock futures and spot markets opening as a litmus test for market reactions. The early morning futures opening reflects Asian investors' views, while evening expectations come from European and American institutions. Overall, sentiment remains relatively optimistic, as resource development expectations may help ease inflation, and easing supply chain risks could boost tech stock valuations.
**Bitcoin Price Analysis**
Bitcoin has broken through the downtrend as expected and rebounded, but from a weekly perspective, it’s still not enough to confirm a major reversal. The key is whether the daily chart can continue to hold above the bullish territory, especially whether the 93500 level can be maintained—holding it would pave the way toward 100,000.
Currently, different timeframes are performing relatively steadily, but in the context of a high open this week, there’s a risk of minor pullbacks. Don’t worry, the pullback should not be too intense; focus mainly on the 90,000 to 90500 zone. Specifically, support levels are at 90500-89500, with resistance above at 93550-96500.
**Ethereum Opportunities and Risks**
Remember I kept advising everyone to enter near 2800? Now, Ethereum is moving roughly in sync with Bitcoin. Whether the daily bullish momentum can continue is the key observation, but honestly, Ethereum’s bullish strength isn’t as fierce as Bitcoin’s—it feels a bit like it’s being forcibly dragged up by Bitcoin.
This means we should pay close attention to whether the hourly chart can gradually make new highs and eliminate divergence. If it can’t, then the risk of small-scale pullbacks increases. To sum up simply: as long as it doesn’t fall below 3080, there’s still a chance for a rebound. Support levels are at 3088-3040, with resistance at 3200-3330.