A brief review of this week: the market fluctuated greatly, with BTC strongly attacking the 104400 line, reaching a peak of 108900, and then entering a high-level consolidation. Over the weekend, it was suddenly pressured by hawkish comments from The Federal Reserve (FED), leading to a plummet in the US stock market, while the price ratio simultaneously dipped, hitting a low of 100800 before stabilizing and rebounding. The market data experienced violent fluctuations, but the rhythm was always under our control—throughout the week, BTC accumulated a gain of 26015 points, while Ether also achieved a gain of 1086 points, marking a successful end to this week.

From the current trend, the weekly chart has shown a series of doji candles for multiple weeks, with the market maintaining a high-level consolidation range. This week's candlestick once again closed in the negative, reflecting that selling pressure from above remains heavy. Since BTC has stood above the 100,000 mark, the weekly chart frequently shows long upper shadows, indicating a lack of strength in the upward movement, and the overall weak consolidation pattern has not changed. However, there are always opportunities for a rhythm change in the market. It is expected that next week will continue the structure of this week, with a potential technical rebound in the first half of the week, followed by another dip to the support zone. In terms of operations, it is recommended to maintain a low long strategy, focusing on the support range between 100800 and 102500, and avoid blindly chasing highs; short-term responses should remain flexible.
In the financial market, no one can accurately predict the future, but we can control the present, maintain our mindset, and see the direction clearly; time will provide the answer. #BTC #ETH