Weekend Market Analysis – BTC Previously, Sugar Bro mentioned that BTC's price has entered a suppression zone, but there’s no sign of an exhaustion structure yet. Don’t short; only take profits on long positions when the price rises. Focus on operating based on the potential “W bottom” on the 12H to daily chart. Using this approach, let’s analyze the current trends across different timeframes. On the weekly chart, the price is in its first rebound after repeatedly testing the MA30 level, which holds support significance. There’s no clear trend high point here, but the nearby structure still shows upward potential. Reflecting the weekly trend onto the 12H to daily chart, there’s a preliminary W bottom forming. However, since the overall position is still on the bearish side, this W bottom hasn’t fully taken shape and hasn’t yet played a role in reversing the trend. Therefore, the upward movement on the right side of the W bottom shouldn’t be chased. Only when there’s a clear breakout of the neckline followed by a retest, or a slight breakout followed by time-based consolidation, can an effective buy point based on the W bottom be established. Before completing the above consolidation, short-term trades should only focus on low buys during the potential upward movement on the right side of the W bottom. Mid-term trades should only focus on low buys at the potential double-bottom area of the W bottom or after a clear breakout. Looking at the 4H and lower timeframes, the moving average system is chaotic, indicating a type of movement where neither upward nor downward trends are sustained. Additionally, the nearby levels offer very limited space for operation. Refer to the 12H-level suggestions for guidance on the market. 1. Short-term resistance at 113230–114980: (1) If there’s a breakout with volume followed by a retest, you can enter and aim for the second resistance. (2) If it only reaches the nearby area or doesn’t fully break through, wait for a retest at 111111–110360 for low buys (for slow declines, you can open a small position 0.5% earlier, around 111750). Second resistance at 118300. 2. Short-term support at 108104–107070 (quick in and out). Second support at 104690–103988 (can set limit orders). Note: With the weekly chart still showing upward potential, the probability of the W bottom forming on the 12H to daily chart is high. Once the structure aligns, the buy points can continue to hold for mid-term trades. $BTC