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In the past week, Bitcoin and BNB have experienced significant volatility, and weekend trends are expected to be cautious.
#加密市场反弹
$BTC
$BNB

{future}(BNBUSDT)

Recent Market Conditions

· Bitcoin (BTC)
· Recent Low: Dropped to approximately $60,353 on February 5
· Latest Rebound: Closed at approximately $69,514 on February 7
· Market Dynamics: This volatility is closely related to the unusually large trades of BlackRock's Bitcoin spot ETF and adjustments in institutional options strategies.
· BNB
· Recent Low: Dropped to approximately $603 on February 5
· Latest Rebound: Closed at approximately $652 on February 7
· Market Dynamics: The trend is highly synchronized with Bitcoin.

Weekend Trend Analysis
Weekend trading volume typically decreases, and prices may fluctuate within a range. The market is digesting the sharp decline caused by the actions of traditional financial institutions this week, and sentiment is leaning towards caution. Close attention should be paid to the fund movements in the US stock market, as their influence on cryptocurrency prices through ETF channels is becoming increasingly significant.

Summary: The market is in a recovery phase after the sharp decline, and the weekend is likely to be dominated by consolidation, awaiting a new direction.