Bitcoin is currently still fluctuating within the triangle range. On the four-hour chart, the bearish momentum is diminishing, and the downward energy is clearly weakening. As the weekend approaches, market liquidity usually decreases, so the probability of sideways consolidation is higher.
From the hourly chart, there are some interesting signals—after testing near the upper band, Bitcoin has consecutively shown bearish candles pulling back. The bulls still hold an advantage, but their momentum is lacking, and the energy is indeed waning. Due to light trading over the weekend, there will be a tendency for technical correction.
In terms of strategy, my idea is to adhere to the "buy low" logic and participate in short-term trades. The key level is around 90,000, which is the best entry point. The focus above is on 91,500; if this level is effectively broken, there could be further upside movement.
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Bitcoin is currently still fluctuating within the triangle range. On the four-hour chart, the bearish momentum is diminishing, and the downward energy is clearly weakening. As the weekend approaches, market liquidity usually decreases, so the probability of sideways consolidation is higher.
From the hourly chart, there are some interesting signals—after testing near the upper band, Bitcoin has consecutively shown bearish candles pulling back. The bulls still hold an advantage, but their momentum is lacking, and the energy is indeed waning. Due to light trading over the weekend, there will be a tendency for technical correction.
In terms of strategy, my idea is to adhere to the "buy low" logic and participate in short-term trades. The key level is around 90,000, which is the best entry point. The focus above is on 91,500; if this level is effectively broken, there could be further upside movement.