Saturday, Bitcoin and Ethereum next week's market trend analysis

In the market, Iran is open to negotiations with the United States but insists on its right to enrich uranium. If this core issue cannot be resolved in a day, the Middle East war will not stop, and the global financial market environment will not be good, being overshadowed by this uncertainty. Next week, focus on the final results of the Federal Reserve's interest rate decision.

Before such important data is released, it generally boosts market sentiment and causes prices to rise. Institutions and large buy orders will flow into the market in the short term. After the positive news is realized, it becomes a negative factor, so the market at the end of the month is likely to rise first and then fall, continuing to fluctuate.

The weekend rhythm is weak, with low liquidity. Bitcoin retraced but did not break the 77,000 support level, maintaining a narrow range of oscillation. As the saying goes, the longer the sideways movement, the higher the vertical potential. The longer the consolidation this week, the stronger the momentum for a breakout next week. In trading, focus on buying low. For Bitcoin and Ethereum, consider going long above 77,000/2,300. The initial target is the previous high of 80,000, and for Ethereum, look at 2,475.