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Over the weekend, market conditions continue to grind through choppy, millstone-like oscillations, with bulls and bears in a stalemate. The price is under pressure; the Bollinger upper band caps the move, and the mid-band support remains solid. Trading volume is lackluster, with no incremental capital, so there is no one-way trend in the short term.
For short-term trades, sell high and buy back low within the range. Prioritize taking shorts from higher levels on rebounds, and wait until a breakout with increased volume occurs beyond the range box before following through with positions.
For BTC, short on a rebound around 64,500–65,000, targeting 63,000–61,800.
For ETH, short on a rebound around 1,830–1,860, targeting 1,760–1,680.