#数字资产市场洞察 [Weekly Bitcoin Trend Review] Low volume and narrow fluctuations indicate a market turning point is imminent.



Looking at the market in the past two days, $BTC has been maintaining a small oscillation in a box pattern on the daily chart. But the details are crucial—bullish volume is clearly declining, and this state doesn't look like it's building momentum. Instead, it seems more like a carefully arranged bullish trap.

The quieter the oscillation, the greater the risk below. Once the lower edge of the box is effectively broken, a rapid decline is almost an inevitable outcome.

From an operational perspective, the strategy is simple: short sell on rebounds near the top of the range while paying attention to whether the lower edge of the range can hold. If it doesn't hold, it will head straight for the previous low. This slow bottoming process seems calm, but in reality, it is a trap to lure in buyers—breaking the level often happens in an instant, and you mustn't take the wrong direction.

Specifically:
- You can lightly enter a short position around 89500 and 90500.
- If the rebound rises to 91500, you can follow up with additional purchases.
- The stop loss must be strictly set above 92300, don't leave any room for wishful thinking.
- First, look at the position of 84500 below. If it really breaks below that, 80000 will become the next testing point.

The performance of $ETH is also worth paying attention to, as its overall rhythm remains in sync with Bitcoin.
BTC0.39%
ETH1.03%
SOL0.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GmGnSleepervip
· 10h ago
It's the same old bull trap again, falling for it every time the breakout moment happens.
View OriginalReply0
GasFeeVictimvip
· 10h ago
Another bull trap? I don't believe you, every time you say this trap.
View OriginalReply0
SchrodingerProfitvip
· 10h ago
Another bull trap? I just want to see who gets trapped this time.
View OriginalReply0
ShibaOnTheRunvip
· 10h ago
The bull trap is getting old; every time it's said that the break will come, what happens? We still have to wait.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)