The latest Bitcoin market report shows that the market experienced significant fluctuations early Saturday morning. The price of Bitcoin came under pressure after reaching a high of $104,568, dipping to a low of $102,301, and then stabilizing around $103,200. On the Ethereum side, after hitting a high of $2,511, it retraced to a low of $2,367 in sync with Bitcoin, and is currently consolidating around $2,430.

Technical analysis shows that from the four-hour chart, the MACD indicator has exhibited a phenomenon where the price reached a new low but the indicator did not follow. The price once pierced the support level of 102150 USD but quickly recovered. The RSI indicator has entered the oversold area, but there is no obvious divergence signal yet. It is worth noting that if the price breaks below the 50-day moving average and continues to decline, it may further strengthen the short-term downtrend.

Given the characteristics of the weekend market, investors may consider a high sell low buy strategy to respond. Specific operational suggestions are to look for short opportunities around Bitcoin at $104,200 and to seek long opportunities around $102,000. For Ether, attention can be paid to short opportunities around $2,440 and to consider long entries around $2,360.

Market participants should closely monitor the potential impact of global macro events on the cryptocurrency market, flexibly adjust trading strategies, and reasonably control position risks.