This week's market has been as thrilling as a roller coaster ride. The upward breakout you expected suddenly turned into a sharp decline. When the market moved downward, there was an unexpected reversal and a rally. It seemed like a break below, but in fact, it was just maintaining a wide-range consolidation at a low level.



Recently, after a sharp drop, Bitcoin's Asian session has remained weak and consolidating. The European and American sessions have gradually risen without any pullbacks. After the US stocks surged, they faced resistance and plunged. Whether bullish or bearish, the rapid switching between the two has left many unable to react. Sometimes, it can only serve as fuel for liquidation during price swings.

On Friday, there was another rise followed by a fall, indicating that the 90,000 resistance level remains strong. Meanwhile, the support at 85,000 still holds. Next week, this resistance is likely to remain a battleground for the big players. Over the weekend, the market tends to consolidate sideways, mainly focusing on low-position longs.

Bitcoin: Range of 8.6-8.65, with synchronized attitude, target set by oneself. $BTC
BTC1.7%
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