Weekend market activity is indeed dull. Trading volume continues to decline, with both large and small cryptocurrencies repeatedly testing bottom levels within a very narrow range.
Looking at today's specific trend, Bitcoin rebounded from a low of 94,829 and then surged to around 95,250 but lost momentum, with a daily fluctuation of less than 400 points. Ethereum is similar; it dropped below 3,294 and then pulled back, with a high around 3,323. The overall rhythm is completely synchronized.
From a technical perspective, the four-hour chart shows alternating bullish and bearish candles, with the Bollinger Bands continuously narrowing. This pattern suggests a high probability of continued range-bound oscillation. The hourly Bollinger Bands appear to be in a horizontal consolidation, with prices firmly trapped within a set box, showing no signs of breaking upward or downward. The candlestick structure remains a narrow-range alternating pattern, with both bulls and bears currently in a weak equilibrium.
The operational approach is to respond to the range-bound oscillation first, without rushing to chase the trend. Only when the trend becomes clear should you follow along.
Reference levels: Bitcoin can go sideways around 94,500, aiming for 96,000; Ethereum around 3,390, with a target of 3,400.
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ImpermanentPhobia
· 01-18 12:01
The weekend market is really tough, it's so frustrating.
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MetaverseMigrant
· 01-18 11:53
The market over the weekend was really exhausting; with a 400-point fluctuation, I didn't even bother to watch the charts.
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APY追逐者
· 01-18 11:45
The weekend market movement is so sluggish, the volatility hasn't even reached 400 points, it's so boring, I'd rather sleep.
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0xOverleveraged
· 01-18 11:44
Just relaxing this weekend, the volatility is more stable than my mood.
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DegenGambler
· 01-18 11:34
It's the weekend and this is how it is, so boring. Waiting for a breakdown, no point in chasing now.
Weekend market activity is indeed dull. Trading volume continues to decline, with both large and small cryptocurrencies repeatedly testing bottom levels within a very narrow range.
Looking at today's specific trend, Bitcoin rebounded from a low of 94,829 and then surged to around 95,250 but lost momentum, with a daily fluctuation of less than 400 points. Ethereum is similar; it dropped below 3,294 and then pulled back, with a high around 3,323. The overall rhythm is completely synchronized.
From a technical perspective, the four-hour chart shows alternating bullish and bearish candles, with the Bollinger Bands continuously narrowing. This pattern suggests a high probability of continued range-bound oscillation. The hourly Bollinger Bands appear to be in a horizontal consolidation, with prices firmly trapped within a set box, showing no signs of breaking upward or downward. The candlestick structure remains a narrow-range alternating pattern, with both bulls and bears currently in a weak equilibrium.
The operational approach is to respond to the range-bound oscillation first, without rushing to chase the trend. Only when the trend becomes clear should you follow along.
Reference levels: Bitcoin can go sideways around 94,500, aiming for 96,000; Ethereum around 3,390, with a target of 3,400.