#美国就业数据表现强劲超出预期 Weekend Cryptocurrency Market Overview: Opportunities and Risks in Short-Term Volatility

$BTC Weekend trends are still constrained by the key Fibonacci level at 88400, which the price has yet to firmly break above. On the 3-hour chart, the market shows a strong oscillating pattern. From a technical perspective, there is still a possibility to test the range between 89400 and 90600.

The Bank of Japan's rate hike finally materialized, and the negative impact has been largely absorbed. However, the current issue is that there are no new positive catalysts to push the market further. It is worth noting that liquidity in the weekend market is limited, and several technical indicators on the 1-hour timeframe even show signs of downward retracement.

In terms of trading strategy, I prefer to wait for a pullback before going long. The key is to identify divergence points to determine the direction. Honestly, with the larger cycle suppressing the market, the upside potential is not very wide. As Christmas approaches, market risk appetite is clearly cooling, and funds are becoming more conservative. In this environment, shorting on rallies still seems to be a safer approach. The current rebound can be seen as a brief breathing space for the bulls.

Key levels to watch: support at 87500 and 87000 below; resistance at 89400, 90600, and 91400 above.