#ETH Bitcoin, Ethereum market analysis of the weekend
After the price of Bitcoin continued to rise, a major correction finally occurred. Currently, Bitcoin has fallen below the 30-day moving average, so the trend is still on the bearish side, now it is rebounding, but the strength of the rebound is not very strong. Today's Bitcoin rebound is looking up around 114000 and 116000. Support below is around 112000 and 110000. Around 112000 is important support, this location is the exchange point of support and resistance. Looking at the larger cycle of Bitcoin, after an increase at the daily level,