The market is showing a volatile rebound pattern today. BTC quickly surged from the early morning, then stabilized and initiated a strong pump, momentarily climbing to a high of 118882, but was unable to effectively stabilize at that point and subsequently faced resistance, falling back to near the support level of 116611 where it stopped falling and rebounded. Ether's movement is synchronized with Bitcoin, first testing the high point of 3040 before facing pressure and falling back, but after receiving support at the key support level of 2935, it began to rebound again.

Based on the current market characteristics analysis, the weekend effect is gradually becoming apparent, and the market may enter a technical correction phase. On the technical indicators level, the MACD indicator shows signs of fatigue at high levels, while the KDJ indicator presents overbought signals, indicating that the short-term market needs to digest the pressure accumulated from the previous rapid rise. In terms of trading volume, although there has been a moderate increase recently, the upward momentum has weakened marginally, and it is expected that the weekend market will enter a horizontal consolidation period to accumulate momentum for future trends.
In terms of operation, it is recommended to seize the opportunity for a pullback near the support level of BTC 118500-118000, with a target of 116500; for Ether, near 3030-3000, the target is 2940, followed by a downward look at 29000 1928374656574839201 #btc# .