#数字资产市场动态 Sunday early morning $BTC and $ETH market observation



The market has been very "quiet" over the past few days of the weekend, with trading volume seeming almost nonexistent and very little volatility. Yesterday's performance can illustrate the situation—Bitcoin was stuck in a small range between 87200-87600 all day, and by night it was so lazy that it didn't even bother to fluctuate much, oscillating within a hundred points; Ethereum was similar, hovering around 2939-2914, with neither bulls nor bears making any moves, neither side wanting to lead the charge.

What about the technical analysis? On the four-hour chart, although a few consecutive bullish candles look decent, every time it hits the middle line of the Bollinger Bands, it stalls, failing to break through. Currently, the Bollinger Bands are narrowing, indicating that the short-term market is likely to continue consolidating or even weaken slightly. On the hourly level, the Bollinger Bands are flat, with the price locked tightly within the channel, making it unlikely to break out. The candlestick patterns show alternating red and green candles, indicating a stalemate between bulls and bears. The market is quite confused right now, with no clear direction.

Current thoughts and opportunities:
- For Bitcoin, focus on the resistance around 87600-88000. Consider a light short position with a stop-loss around 88200, targeting near 86500.
- For Ethereum, resistance is at 2930-2960. You might consider short positions at higher levels, with the same target around 2850.

The big move hasn't arrived yet; now it's just a matter of waiting for that truly breakout candle to appear.
BTC0.35%
ETH0.54%
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CrossChainMessengervip
· 7h ago
The weekend market is really dead, trading volume is like a holiday, and this narrow fluctuation tests patience the most. BTC is stuck around 87k, bouncing up and down, ETH also has no real prospects, Bollinger Bands are almost touching each other. Honestly, it's just waiting for that one candlestick that can break through. It's too early to talk about bullish or bearish now. Be cautious of bear traps; the resistance above 88k is very strong. --- This locking zone is back again, familiar territory. Let's wait for the big institutions to release signals by the end of the month. --- It feels like the main force has been shaking out positions these past two days. With such dead trading volume, it's really hard to judge when the market will move next. Better to stay on the sidelines for now. --- They're starting to draw Bollinger Bands stories again. No matter how good the technical analysis looks, the market will decide itself. --- The most annoying thing about sideways markets is, if it drops, you're afraid of a rebound; if it rises, you're afraid it will crash. So, just wait for some movement around the 87.6k level before jumping in.
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ILCollectorvip
· 7h ago
The weekend market really is dull, Bitcoin and Ethereum seem to be sleeping, it's boring. Wait, are the Bollinger Bands getting narrower? That’s usually a sign of a big move coming. Such times are often prone to being shaken out, so I’ll wait and watch. Will the 87600 level break? It feels like the bulls are really losing momentum. Shorts stop loss at 88200, isn’t this setting a bit aggressive? In a volatile market, it’s easy to get stopped out. Before the market moves, should I do something? Watching others make money is really frustrating.
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DeepRabbitHolevip
· 7h ago
The weekend is dead quiet, and this market trend is just frustrating. We've been holding back for so long, it's about time for some movement, right?
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wagmi_eventuallyvip
· 7h ago
Weekends are always like this, so boring. Bitcoin seems to be sleeping, bouncing between 87,200 and 87,200, really uninteresting. The Bollinger Bands are almost touching each other. In the short term, just continue to lie flat and wait for a real breakout. There is indeed a chance for the bears, with a stop loss above 87,600 at 88,200 and a target of 86,500. But I still prefer to wait and see, as the big trend hasn't arrived yet. ETH is the same, no energy. Resistance is quite obvious around 2930-2960, but neither bulls nor bears want to move. Whoever draws the first sword will suffer. This kind of market tests your mentality the most. A hundred points fluctuation, what can you do? Better to have a cup of tea and wait. When there are fewer people, this is how it is. Hang in there, everyone. The real opportunity will come eventually.
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