#数字资产市场洞察 Sunday Morning Bitcoin and Ethereum Market Summary
The past couple of days have been interesting—the market is just biding time. Bitcoin surged earlier this morning but didn't continue upward; instead, it hovered around the 88,000 level, fluctuating back and forth. The daily volatility hasn't even reached 1,000 points. Honestly, neither bulls nor bears have the upper hand; they’re just testing each other. The current trend is essentially digesting the divergence caused by the previous move. Only when trading volume picks up or a clear news event occurs will the market potentially break open.
Looking at the candlestick structure, on the 1-hour chart, the movement is now like small steps—gradually narrowing in range, with decreasing volatility. What does this indicate? The bulls and bears are evenly matched, and the market is entering a consolidation phase. It might seem quiet, but this is actually the most common buildup before a trend starts—like a spring compressed tighter, the rebound will be stronger. Support levels are holding, and volume is slowly accumulating, laying the foundation for the next move.
Short-term sideways movement doesn’t mean the trend has changed. The key is to stay calm, anchor your trading logic, and wait until volatility truly opens up before taking action. That way, you can catch the trend at its starting point.
**Specific Trading Ideas:**
**Bitcoin**: Support around 87,700; consider scaling into long positions gradually, targeting 89,000.
**Ethereum**: The 2940-2970 range looks solid; bulls can position themselves here, with a target around 3050.
In simple terms, just keep waiting. When the space opens up, follow the trend and move accordingly.
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.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
RugpullTherapist
· 4h ago
Spring theory is back again. Can it be sprung this time, or will it get stuck again?
View OriginalReply0
HashBrownies
· 4h ago
Stuck at 88,000 all day, is this called building momentum? Or should I just go to sleep and wait for it to decide where to go on its own?
View OriginalReply0
airdrop_whisperer
· 5h ago
The spring is compressed, and when the time comes, it will definitely be a fierce wave. It all depends on who can endure until that moment.
View OriginalReply0
BlockchainArchaeologist
· 5h ago
Reaching the 88,000 level repeatedly is a bit annoying, it's just waiting for that burst of momentum.
#数字资产市场洞察 Sunday Morning Bitcoin and Ethereum Market Summary
The past couple of days have been interesting—the market is just biding time. Bitcoin surged earlier this morning but didn't continue upward; instead, it hovered around the 88,000 level, fluctuating back and forth. The daily volatility hasn't even reached 1,000 points. Honestly, neither bulls nor bears have the upper hand; they’re just testing each other. The current trend is essentially digesting the divergence caused by the previous move. Only when trading volume picks up or a clear news event occurs will the market potentially break open.
Looking at the candlestick structure, on the 1-hour chart, the movement is now like small steps—gradually narrowing in range, with decreasing volatility. What does this indicate? The bulls and bears are evenly matched, and the market is entering a consolidation phase. It might seem quiet, but this is actually the most common buildup before a trend starts—like a spring compressed tighter, the rebound will be stronger. Support levels are holding, and volume is slowly accumulating, laying the foundation for the next move.
Short-term sideways movement doesn’t mean the trend has changed. The key is to stay calm, anchor your trading logic, and wait until volatility truly opens up before taking action. That way, you can catch the trend at its starting point.
**Specific Trading Ideas:**
**Bitcoin**: Support around 87,700; consider scaling into long positions gradually, targeting 89,000.
**Ethereum**: The 2940-2970 range looks solid; bulls can position themselves here, with a target around 3050.
In simple terms, just keep waiting. When the space opens up, follow the trend and move accordingly.