Xingge says crypto|BTC weekend outlook


Yesterday, Saturday, BTC overall didn’t move much.
Weekends are market downtime by nature—there’s no US stock market and no important data catalysts—so capital activity is much lower than on weekdays.
Yesterday, BTC mainly oscillated back and forth around 63,700–64,400. The low dipped to around 63,700, then it bounced back to around 64,400. The current price is also trading around the middle of this range.
BTC trading ideas
Longs:
Around 63,700–64,000
Stop loss (defense):
Around 63,400
Targets:
64,400–64,600
Shorts:
Around 64,400–64,600
Stop loss (defense):
Above 64,800
Targets:
64,000–63,700
Focus points:
Last night, two pieces of news affected market sentiment a bit.
One was reports from the US-Iran side of some progress on talks, which eased the market’s risk-off sentiment.
But this morning, the news fluctuated again, and market expectations changed once more, so BTC saw a slight pullback in the early hours.
However, overall, this volatility hasn’t been particularly large.
Since there are no US stock data or major macro events over the weekend, the market is still mostly moving within a range.
So today, don’t expect a big directional move.
Watch for lower support at 63,700–64,000, and upper resistance at 64,400–64,600.
Only consider trading when price reaches those levels—if it doesn’t, be patient and wait.
Weekend trading opportunities are a bit fewer; controlling your pace matters more than taking action frequently.$BTC #布伦特原油重返100美元
BTC0.79%
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