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Weekend Market Core Observation
From the 1-hour K-line perspective, Bitcoin (BTC) quickly retreated from the high of 93,420 and has formed a short-term support at 87,263. The current price is operating within the consolidation zone of 87,263-91,018.
🔍 Technical Analysis
The current trend belongs to a consolidation extension pattern, with bullish and bearish forces temporarily balanced. The pullbacks and rebounds within the range are essentially a phase of battle between buying and selling momentum, and no clear breakout signal has emerged yet.
The MACD indicator remains below the zero line, with the DIF line staying below the DEA line, indicating that bearish momentum is waning, but a market reversal signal has not yet been established.
💡 Weekend Trading Strategy
Recommend mainly range-bound trading:
- Bitcoin (BTC): Can be traded within the 90,000-88,600 range
- Ethereum (ETH): Can be traded within the 3,000-2,880 range