There aren't many major news over the weekend, plus the US stock market is closed, so the sideways movement is very normal. Mostly robots are making trades back and forth, so there's no need to pay too much attention to this boring fluctuation.



Bitcoin is now stuck inside a triangle, moving back and forth. On the hourly chart, it's clearly visible that the highs and lows are gradually rising—this indicates a small-term upward trend within the triangle, note that it's inside the triangle, not the overall big trend.

The key support is at the lower boundary of 79,550. As long as the price bounces back without breaking below this zone, the internal upward structure remains intact. The lows haven't been broken, so the trend is still there. It's just slow over the weekend, so patience and holding on is fine. If it breaks below 79,550, it will continue to test the support around 79,200; if that also can't hold, then the next target is around 78,120. Before breaking below, don’t scare yourself; the price fluctuating is not important, the key is not to break the support level.

If a rebound is to continue, it must break through the 80,640 level corresponding to this candlestick. Only by stabilizing above this can we look at the resistance at 81,600. If it can't break through 80,640, short-term gains will be difficult.

$BTC Now look at the 4-hour chart: it has already broken out of the box pattern, and the rebound after testing the upper boundary confirms support is effective. According to the box pattern rules, as long as it doesn't fall back into the box, there's a high probability of a 1:1 upward move, with a target around 84,200. If it falls back into the box, this upward expectation will be invalidated.

Weekend sideways movement, don't be anxious. As long as support isn't broken, hold your position. In the short term, watch for a breakout above 80,640; on the 4-hour chart, see if the box pattern holds.
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