The recent market has been like this—sideways consolidation with fluctuations within a few hundred points, quite boring. $BTC has been hovering around the 90,000 mark, with strong support below. Several attempts to break downward have failed, and the weekend is expected to see the same range-bound movement. If you ask me, just sell high and buy low.

From a technical perspective, the 5-day, 10-day, and 20-day moving averages are now close together, indicating that short-term bullish and bearish forces are balanced, and no clear direction has emerged yet. But once the moving averages break away from this convergence, it could signal the start of the next trend. The MACD is oscillating above the zero line, with red and green momentum bars narrowing, indicating that the momentum is weakening. It’s unlikely to see a strong one-sided move in the short term.

The Bollinger Bands are now tightening and flattening, with resistance around 91,200 and support at 88,800. The price is hovering near the middle band, and the range is clearly defined. If the price breaks through the Bollinger Band boundaries someday, just follow the breakout.

Trading strategy: Consider going long between 89,000-89,500, targeting 91,000-91,500; conversely, try shorting between 91,500-92,000, aiming for a pullback to 90,000-89,800.

#美联储降息 $ETH