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The weekend market is indeed a bit dull, but for traders who are passionate about 15-minute level oscillation trading and not afraid to sacrifice weekend rest time, this actually presents an opportunity. Weekend volatility is generally very small, with a 90% probability of oscillating back and forth within a narrow range, just like this weekend's 949-955, where a 500-point fluctuation is a bit awkward to mention.
From a daily chart perspective, BTC is currently stuck near the key breakout and retest level around 94, but the rebound strength is quite average, mostly due to weekend liquidity drying up. The key still depends on how Monday unfolds. I personally still hold a long position at around 946 that I took on Thursday, hoping to hold on. If I can't endure, so be it; I’ve set a breakeven stop-loss, and if it gets broken through, I’ll look for new opportunities.
On a smaller timeframe, the downward trendline has been broken, but weekend breakouts are hardly meaningful. For the market to truly strengthen, it must reach the critical resistance at 958 to be considered valid. From the liquidity distribution chart, a lot of orders are stacked in the 94-938 range, and the rebound strength from the small timeframe is gradually weakening, so there's a possibility of a sharp drop followed by a rebound.
In simple terms: the comfortable position for long positions right now is around 94-935. As long as the daily candle's body doesn't break below 94, it can be treated as a normal correction; otherwise, if the daily breaks below 94, this rebound will almost be over, indicating that the market indeed lacks strength.