Saturday's market trend started with a downward move, a slight dip, with Ethereum dropping from the high of around 2463 to give a retracement space of over 100 points. Bitcoin short-term retraced about 2000 points, falling from the early high of 78,300 down to around 75,700. Due to the previous rally, it is normal for the market to pause and take a break over the weekend. The outlook and ideas have been provided in advance. The overall rhythm aligns well with the expected correction and adjustment, but the phase of correction is still quite clear. The recent ideas have been perfectly validated. During the week, it is recommended to chase long positions directly, and then observe the pullback and correction over the weekend before attempting short positions. The medium- and long-term targets given are also quite close.

On a larger scale, it still remains in the space of the second wave correction, with the weekly chart continuing to face pressure and adjust. Compared to the rebound space in this round, the current retracement is still minor and harmless. Coupled with small pattern adjustments, there is still room upward. In the short cycle, support below 75,000 can be tested, but as previously mentioned, if a position is tested once, twice, but not three times, support can still hold the rebound. We do not change the long-term bullish outlook; it remains the same. The correction cycle and space are increasing, but the small cycle has not shown a clear rebound at the bottom. There is still considerable downward space from the highs. Although the moving averages are somewhat chaotic, the overall structure of bottoming remains unchanged.

On Saturday night, in the short term, focus on shorting Bitcoin around 76,300-76,500, targeting 75,000. For Ethereum, focus on shorting around 2,380-2,400, with a target below 2,250.