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The weekend early morning continues the strong upward momentum, with the market breaking through Friday's resistance during the rebound. In the evening, the market briefly rose to around 81,000 before facing resistance. Currently, there has been some short-term correction, and the coin price remains oscillating around 80,600. Ethereum's movement is basically consistent with Bitcoin's, with the market testing around 2,340 during the rebound, then facing resistance and pulling back. At present, the coin price is still undergoing some consolidation.
From the current market perspective, after a large bearish candle on the daily chart, Bitcoin turned positive and recovered. The strategy was to test the support level around 79,000, then make a rebound to test the upper resistance. Currently, the rebound is still in a stage of upward phase, but as the market moves higher, some temporary resistance will appear, focusing on the top-bottom transition for the future market, which is necessary for new highs to emerge. Looking at the 4-hour chart, weekend consolidation has led to Bollinger Bands narrowing, with the oscillation range gradually shrinking. As the market further stabilizes above the 80,000 level and breaks above the middle band, the weekend market will gradually move upward with decreasing volume, showing some resistance and forming a consolidation correction. During the day, the market is expected to further move out of consolidation after correction, with attention to the rebound after the support levels at the top and bottom.
Over the weekend, short-term traders should focus on lightly accumulating around 80,200 for rebounds. Above, watch for a break of 81,000 to continue towards the previous key resistance at 81,600. A break and continuation could lead to new highs. Ethereum's intra-day rebound should first monitor the resistance around 2,340 for positioning. Light positions can be taken in the 2,330–2,340 range, and look for opportunities to short on retracements.