Weekend market remains stable as usual. Bitcoin is currently priced at $88,420, up 0.9%. After yesterday's selling pressure, a volume-constrained rebound has occurred, and it is now oscillating above the $88,000 range. Ethereum has shown resilience this time, with a current price of $3,015, up 1.4%, regaining the psychological threshold of $3,000—whether it can hold this weekend is a point of interest. Solana performed the best, with a current price of $128, up 3.2%. Funds flowed into popular on-chain projects as expected over the weekend, driving a strong rebound.
The market sentiment index is at 36, in the panic phase, slightly eased from yesterday's 31, but investor sentiment remains cautious. A positive overnight signal from the US stock market: the Bitcoin spot ETF ended three consecutive days of net outflows, recording a net inflow of $120 million this Friday, indicating that institutional funds have not exited en masse. On-chain activity has also picked up, with several hot tokens within the Solana ecosystem surging over 50% in 24 hours. Gas fees have soared accordingly, and retail investors' speculative enthusiasm remains high. Additionally, Ethereum founder V神 recently posted a blog discussing the "Ethereum scalability roadmap," sparking community attention on Layer 2 cross-chain interoperability. Such news usually benefits ETH and its ecosystem tokens.
Weekend liquidity is relatively thin, making it easy for volatile surges and drops to revert back, creating a "trap" market. Be cautious of false breakouts. Also, keep an eye on ETH/BTC performance, as whether this pair can continue to rebound directly affects whether the altcoin season truly kicks off. Overall, the pattern of falling on Friday and bouncing on Saturday has become a routine. The current upward movement is a volume-constrained rebound and not enough to confirm a trend reversal. It is recommended to observe more and operate less over the weekend, especially avoid chasing high on contracts during periods of low liquidity. If you want to trade, consider testing the waters with small funds on-chain to prevent boredom and avoid getting caught in scams.