The weekend market showed minimal movement, and many friends said this kind of sideways action is difficult to trade. However, this is because everyone failed to capitalize on the consolidation range during low volume. Although volatility is limited, moderately increasing positions over the weekend still yields considerable profits. Intraday movement consolidated around the 71000-70500 range, with upward volume still showing a needle-insertion pattern. This type of volatility is still a consolidation structure. Ethereum showed even smaller intraday swings with only a 20-point move, currently approaching 2150 again, and the market consolidation is expected to continue.

Looking at the 4-hour chart, the overall price ratio is still in the early stages of attempting to break above the previous consolidation range. The weekend's consolidation range has shifted further upward. As the price ratio oscillates and the Bollinger Bands further narrow, the upper resistance level will face additional downward pressure to further confirm the convergence of the triangle range. KDJ currently shows three lines converging with signs of a death cross. The rebound at 71000 faces pressure, and there are signs of a short-term decline ahead. From a strategic perspective, continue placing short positions at higher levels, and maintain high-sell low-buy tactics over the weekend, focusing on the 70300-71000 consolidation range. #加密行情震荡 $BTC $ETH