$ETH $BTC The familiar weekend market is here, let's chat about what to expect for next week.
The Nasdaq indeed tanked before the last closing of the US markets this week, with Ethereum finding strong support at 1580 but not bouncing back at all, just sliding down. The weekend market will definitely see some recovery, with Bitcoin longs possibly hitting 62000 and Ethereum targeting 1610. Even doubling down on longs could yield some take-profit exits. Right now, it's uncertain if institutions will offload more, so keep your long positions light!
Next week, the market is likely to be choppy and bearish; we’ll need to assess after the US market opens on Monday evening to make decisions.
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