Stay calm, manage your positions, and believe in the power of time — in the crypto world, it's not about who rushes ahead, but who walks steadily and lasts longer. After weathering the storms, you will eventually encounter your own market, and what does not break you will make you stronger. Looking back at the weekend, the overall market was firmly locked in a range-bound oscillation pattern, with Bitcoin repeatedly oscillating within the key range of 84408—90000, and intense competition between bulls and bears, failing to achieve an effective breakthrough. Ethereum was in sync with Bitcoin’s movements, oscillating narrowly within the range of 2772—3030, overall following the market rhythm.
Although the current market appears somewhat hesitant, the overall trend is quietly evolving in a positive direction. Observing from a four-hour level, although the market shows alternating bullish and bearish trends, the price can quickly rebound after touching the middle band of the Bollinger Bands and re-establish itself above, indicating that the support below remains solid and the market's focus has not shifted downward. Although the MACD histogram has decreased above the zero axis, this often signifies a short-term consolidation of bullish momentum and a natural recovery of indicators, which does not necessarily mean a depletion of upward momentum. On the contrary, the strong support response during pullbacks indicates that buying power is gradually consolidating at lower levels. In the current pattern, the market is in a consolidation phase near a critical balance point, which often serves to build strength for the next directional choice. As market sentiment gradually warms up, if the price can maintain steady consolidation above key support, the probability of breaking through the middle band of the Bollinger Bands and opening up upward space is continuously increasing. In terms of operation, one can remain patient and maintain a bullish outlook, planning to enter on dips: pay attention to the middle band of the Bollinger Bands at the four-hour level and the lower support of the recent consolidation range. If a retest confirms stability, it can be seen as a good entry opportunity for bulls. The primary target above remains the pressure zone around the daily Bollinger Bands' middle band; once effectively broken, the rebound space is expected to further expand.
Trading suggestions:
Bitcoin: around 88000, target 91000
Ethereum: around 2950, target 3300
