Hello everyone, I want to share the recent market rhythm with you on Saturday morning.
The recent market has indeed been a bit dull, with the trend consolidating within a range after weakness. After the non-farm payroll data was released yesterday, the volatility was not as big as expected, with bulls and bears repeatedly tugging at the 90600 level. Since it's the weekend, without a clear directional drive, Bitcoin remains oscillating around this position.
For trading, I still recommend a short-term approach. You can look for opportunities to short around 91500, try with a small position, and target near 89500. But one thing to note — if the decline lacks momentum and doesn't continue, you should immediately switch to a long position and avoid chasing the market.
Liquidity over the weekend is limited, so the rhythm may be slower. Just keep risk control in mind.
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.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
MerkleMaid
· 18h ago
The weekend market is really a bit dull, constantly tugging back and forth is truly annoying.
View OriginalReply0
ShadowStaker
· 18h ago
honestly the 90600 pivot is just whipsaw territory at this point, liquidity's too thin to trust any moves rn
Reply0
On-ChainDiver
· 18h ago
Still in a tug-of-war over the weekend, this market is really boring to death.
View OriginalReply0
BridgeJumper
· 18h ago
The 90600 line has been oscillating for a long time, it's a bit annoying. I'm just waiting for it to make a decision.
Hello everyone, I want to share the recent market rhythm with you on Saturday morning.
The recent market has indeed been a bit dull, with the trend consolidating within a range after weakness. After the non-farm payroll data was released yesterday, the volatility was not as big as expected, with bulls and bears repeatedly tugging at the 90600 level. Since it's the weekend, without a clear directional drive, Bitcoin remains oscillating around this position.
For trading, I still recommend a short-term approach. You can look for opportunities to short around 91500, try with a small position, and target near 89500. But one thing to note — if the decline lacks momentum and doesn't continue, you should immediately switch to a long position and avoid chasing the market.
Liquidity over the weekend is limited, so the rhythm may be slower. Just keep risk control in mind.