Saturday afternoon, the market is quiet in a real, no-nonsense way.


BTC is at 63,800. This week, it went back and forth from 59,500 to 64,234, and it’s now resting in the middle. This morning, the low was rising—on Sunday it was 59,500, on Wednesday it was 60,755, with no more probing lower. Signals are getting better, but the last step is still missing.
As mentioned earlier: the lower boundary of the triangle holds without making a new low—build positions on Monday. Today is the third day.
The weekend market has no new information, and that’s as it should be. 59k hasn’t been broken, and 64k hasn’t been surpassed. Direction hasn’t been chosen yet, but the balance is tilting toward the bulls. Higher lows, a volume-driven rebound, and a sideways hold over the weekend with contracting volume—this is not how weakness is supposed to look.
The trading plan stays the same: keep the lower boundary of the triangle defended over the weekend, and open the first position on Monday. Add only after a confirmed breakout above 64k. Conversely, if tomorrow a single selloff candle smashes through 59k, the support structure since March will be broken. Don’t guess the bottom—wait for a new structure.
No trading over the weekend. The weekend is for waiting for others to make mistakes.
BTC0.23%
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