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How to view Bitcoin行情 over the weekend? A simple summary: resist declines at high levels, use time to gain space.
Since retesting the key level at 94,400 on Friday, the price has not made any downward pushes. Throughout the weekend, Bitcoin has been oscillating within a very narrow range of 95,000 to 95,500, as if held in place by some force. There has been no significant dip as expected, nor aggressive upward movement—just a "lukewarm" trend.
This behavior of staying at high levels and refusing to undergo large corrections is quite common in a bull market. Essentially, the market is digesting the profit-taking that followed the Thursday high (which reached 97,940), and simultaneously repairing short-term overbought indicators through sideways consolidation, preparing energy for the next wave.
But a reminder: don’t underestimate the late Sunday night period. Historical experience shows that major players tend to exploit the relatively low liquidity during Sunday night to create fake dips or sudden downward pressure, aiming to set the tone for the market after the US stock market opens on Monday. This detail is very important and requires close observation.
**How to position key support levels?**
First, look at the immediate support over the past 1 to 3 days—this is the 94,800 level. It’s the lower boundary of the weekend’s trading range. If the price holds here without breaking below, it indicates that the bulls are still strong, unwilling to give up a decent correction.
Further down is the 94,400 to 94,500 zone, which is the real critical support line. Historically, this level has seen heavy bull defense, with previous highs around 94,415. If this level is broken, it could mean that the short-term bulls are really starting to struggle.
Overall, we are currently in a consolidation phase. Bulls are waiting for a true trend change on Monday, and the market is also holding its breath for that moment.