Recently, many people have been asking me about the impact of data on the market. To be honest, data itself doesn't have a decisive effect; what truly influences the market are the emotional fluctuations generated by those chasing the data. When the buying or selling force suddenly increases, it can cause waves, but yesterday's market volatility wasn't very large—it was just a back-and-forth of quick spikes before ending.



On the BTC side, yesterday's daily chart closed with a small bullish doji. There was another spike early this morning. Based on the current trend, we still need to go through a phase of oscillation and consolidation before moving into the second stage of upward movement. This is completely within expectations. Over the weekend, I expect continued sideways movement, with a focus on the 898 level. Resistance above is in the 926 to 934 range.

ETH also closed with a small bullish spike yesterday, repeatedly fluctuating between 3000 and 3100. During this kind of oscillating market, spikes are quite common, which actually prepares for a subsequent rebound. The support zone of 3030 to 3060 that I previously mentioned has already been validated. Following this rhythm, multiple touches of this support zone should lead to a rebound effect. The first resistance above is in the 3160 to 3220 range. Once it breaks through 3250, it can directly target the 3400 to 3600 space.

Over the weekend, the plan is to continue maintaining the idea of oscillating upward, and next week should see these support levels effectively lead to rebounds.
BTC-0,28%
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