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**Market Review and Technical Pattern**
Entering this weekend, Bitcoin and Ethereum continued their previous correction trend. From the strong pullback observed early yesterday morning, Bitcoin surged from around 91,750 directly towards the 90,000 level, then entered a typical range-bound wide fluctuation mode during the daytime. The entire correction process released over 1,700 points of downward space, and those who followed the trend closely during this adjustment have generally benefited.
Due to light trading on Saturday and the lack of effective market guidance, there isn't much market analysis during the day. However, based on the late-night market conditions, the subsequent trend still requires close attention.
**Current Technical Pattern Analysis**
Currently, Bitcoin is oscillating narrowly around the middle band of the Bollinger Bands, with the upper and lower bands clearly narrowing, reflecting a decrease in short-term volatility. This is a normal sign of quiet weekend trading. After a rapid rebound and rally earlier, the market has experienced a strong correction. Looking at the candlestick structure, the long upper shadows from earlier still exist, indicating that there is still significant resistance near the 92,000 level.
From a technical indicator perspective:
- **KDJ Indicator**: The K and D lines have formed a slight death cross, and the J value continues downward, indicating that the short-term upward momentum is weakening and the correction pressure is increasing.
- **RSI Indicator**: The 12-day and 24-day lines are both in the neutral zone around 50, neither overbought nor oversold, showing that the market's oscillation characteristics remain prominent.
- **MACD Indicator**: The DIF and DEA lines still maintain a golden cross, with the MACD histogram positive (40.5), but the height of the energy bars has not effectively expanded, indicating that the bullish momentum is relatively weak and the rebound lacks subsequent support.
Overall, Sunday may still be a wait-and-see phase. Traders with a bit of itchiness can consider the following suggestions for light positions:
**Trading Recommendations**
**Bitcoin**: When rebounding to the 90,800-91,000 range, consider trying a small short position, with a stop-loss at 91,200. Key support is at 90,300. If the lower band at 90,400 can stabilize, a small long position can also be attempted, with a stop-loss at 90,300, and watch for resistance at 91,000.
**Ethereum**: Near 3,100-3,130, try a small short position, with key support at 3,000 and a stop-loss at 3,070. If signs of stabilization appear around 3,050, a small long position can also be considered, with resistance at 3,130.
This round of correction is mainly technical repair; patience and waiting for clearer directional signals might be the best approach.