Bitcoin's main movement this weekend has been sideways trading. Currently, the defined range is between 90,370 and 89,500.
**Upper Market Strategy**: Consider short positions at the 90,180 to 90,370 level, with a stop-loss set at 90,600. If the price breaks above 90,600, the strategy should change—after two days of consolidation, a renewed upward move would signal a true breakout, with targets around 92,600 to 93,100. The stop-loss for short positions above should be placed at 93,600. If this level is also broken, the bullish trend could extend toward 94,500.
**Lower Market Strategy**: Consider long positions between 89,500 and 89,200, with a stop-loss at 89,000. For more conservative trading, the lower levels of 88,800 to 88,550 are good entry points for longs, with a stop-loss at 88,300.
**Ethereum**: Over the weekend, the trading range is locked between 3,149 and 3,080.
Upper range for shorts: 3,140 to 3,170, with a stop-loss at 3,180. Lower range for longs: 3,080 to 3,060, with a stop-loss at 3,050. For more conservative traders, a key support level is at 3,030, with a long position stop-loss at 3,014.
Probabilistically, breaking above 3,170 over the weekend is unlikely. However, if it does happen, the subsequent targets are 3,230, 3,250, and 3,270.
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BlockBargainHunter
· 17h ago
It's another period of volatility. I keep saying that this weekend is most likely to be a trap for traders.
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SmartMoneyWallet
· 17h ago
Drawing boxes again? With so many key points, where exactly is the funding pouring in? On-chain data will tell the story.
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LayerHopper
· 17h ago
It's another period of fluctuation. When will we see a big market move?
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LucidSleepwalker
· 18h ago
It's the same framework again; every time, I can sound very professional, but when it comes to critical moments, the market just loves to move in the opposite direction.
Bitcoin's main movement this weekend has been sideways trading. Currently, the defined range is between 90,370 and 89,500.
**Upper Market Strategy**: Consider short positions at the 90,180 to 90,370 level, with a stop-loss set at 90,600. If the price breaks above 90,600, the strategy should change—after two days of consolidation, a renewed upward move would signal a true breakout, with targets around 92,600 to 93,100. The stop-loss for short positions above should be placed at 93,600. If this level is also broken, the bullish trend could extend toward 94,500.
**Lower Market Strategy**: Consider long positions between 89,500 and 89,200, with a stop-loss at 89,000. For more conservative trading, the lower levels of 88,800 to 88,550 are good entry points for longs, with a stop-loss at 88,300.
**Ethereum**: Over the weekend, the trading range is locked between 3,149 and 3,080.
Upper range for shorts: 3,140 to 3,170, with a stop-loss at 3,180. Lower range for longs: 3,080 to 3,060, with a stop-loss at 3,050. For more conservative traders, a key support level is at 3,030, with a long position stop-loss at 3,014.
Probabilistically, breaking above 3,170 over the weekend is unlikely. However, if it does happen, the subsequent targets are 3,230, 3,250, and 3,270.