On Saturday morning, Bitcoin and Ethereum performed in sync. The Bitcoin price started to rise from the afternoon low of 89,650, and with the help of the US stock market opening, it quickly climbed to around 91,983 to hit a new high; Ethereum followed the rhythm from the evening low of 3,056, rising to around 3,144 after the US stock market opened.

The strategy provided yesterday was once again validated, and many friends who followed in real trading also captured this wave of movement.

However, looking at the four-hour K-line, the overall trend remains downward. Although the coin price completed a bottom rebound and briefly tested the upper pressure level of the middle band of the Bollinger Bands, it then closed with a medium-length bearish candle, essentially erasing the earlier rebound gains, and now it has returned to the area around the previous starting point of the rally.

On the one-hour chart, there is some interesting movement—after the price attempted to test the upper Bollinger Band resistance, it was quickly pushed back down. Consecutive bearish candles appeared, and the price retraced below the middle band. Although the short-term bulls still hold the advantage, there are signs that the momentum is gradually weakening.

Considering that weekend market activity tends to decrease, and after this round of continuous decline, the technical correction demand is accumulating. It might be better to wait for a pullback before considering entering long positions.

Trading idea: For Bitcoin, consider going long around 89,600-90,000, targeting 91,500-92,000; for Ethereum, consider going long around 3,050-3,070, with a target near 3,150.