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Weekend Bitcoin and Ethereum fundamentals are consolidating, and whether they can push higher in the new week has not yet shown a clear signal. Overall, it is likely to remain volatile within a wide range, with no volume support for either upward or downward moves. Breakouts are quickly retested, essentially a shuffle of bulls and bears fighting for control.
Bitcoin is sideways intraday, with bulls and bears evenly matched. Volatility has not exceeded 500 points, and there is no clear breakout signal. It is likely to continue consolidating over the weekend. The daily chart shows resistance at 90800, with a pullback after hitting that level. Short-term momentum weakens; consider shorting around 91300 and adding positions at 93000. Support levels are at 89800-90000, with key support at 87200-86800.
Ethereum is oscillating around 3100. Two attempts to break higher were false breakouts. The rebound shorting strategy has been realized. Short near 3120, look for a pullback to 3050-3000, and if broken below, target 2930-2950.
It is recommended not to hold positions over the weekend to avoid missing a trend change on Monday. Be cautious with position sizing on Monday due to high volatility. Set stop-loss levels according to your own situation, and follow real-time market conditions. A new week, a new start—wish you successful trading.
#ETH走势分析 $BTC