Saturday, Bitcoin and Ethereum next week market trend analysis

In the market, Iran is open to negotiations with the United States, but it insists on its right to enrich uranium. Since this core issue cannot be settled in a single day, the war in the Middle East will not stop, and the environment for global financial markets will not be good either. It will be overshadowed by this uncertainty. Next week, the key focus will be the final results after the Federal Reserve’s interest rate decision is released.

Before this relatively important data and market information is released, it generally boosts market sentiment and pushes prices higher. Institutions and large buy orders will flow into the market in the short term. After the good news is realized, it turns into a negative factor—so by the end of the month, the market trend from next week onward is likely to be: first rise, then fall, and then continue to maintain a period of consolidation and oscillation.

With the weekend, the cadence is weak and liquidity is limited. After Bitcoin’s pullback fails to break the 77000 support, it will keep a narrow-range oscillation. As the saying goes, the longer the horizontal, the higher the vertical. The longer the oscillation and buildup in these two days, the stronger the momentum for a breakout next week. In terms of trading, the approach should mainly be going long on dips. For Bitcoin and Ethereum, consider going long directly above 77000/2300. The upward target is first to look at the 80000 level near the previous high, and for Ethereum, first watch 4475.