Market fluctuations are a test of resilience; holding positions through ups and downs ultimately leads to the peak. Only by enduring the loneliness of being unnoticed can one achieve the brilliance that attracts all eyes. Over the weekend, market volatility was relatively weak, mostly oscillating within a small range. Bitcoin surged to around 79,145 in the early hours but was met with resistance and halted. Currently, it is pulling back after the rally, operating near 78,000, with the rebound gains mostly absorbed. Ethereum rebounded from yesterday’s low of 2,278, accelerating upward in the early hours, reaching a high of 2,342 before also pulling back. It is now trading around 2,298.



From the current market situation, Bitcoin’s daily chart is in a narrow range of oscillation, with small real candlesticks. The alternating bullish and bearish candles show a contraction compared to previous volatility, with the space gradually narrowing, oscillating back and forth within a small range. On the daily level, we await a real candlestick to break the current stalemate, potentially triggering a one-sided move. The monthly and daily levels still have room for further upward movement, but short-term consolidation is needed to build momentum. On the 4-hour chart, after multiple rejections around 79,455, it has been oscillating around this level, with space further compressing. During this consolidation, momentum is building up, but the short cycle still leans toward weakness. The main trend remains bullish; trading should focus on short-term opportunities, buying on dips after pullbacks.

Over the weekend, Bitcoin can be bought around 77,500-78,000, with the short-term target first focusing on 79,500.

Ethereum can be bought around 2,250-2,280, with the short-term target first focusing on 2,350.
BTC-0.08%
ETH-0.01%
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