The weekend market is indeed a bit dull, but for traders who are passionate about 15-minute level oscillation trading and not afraid to sacrifice weekend rest time, this actually presents an opportunity. Weekend volatility is generally very small, with a 90% probability of oscillating back and forth within a narrow range, just like this weekend's 949-955, where a 500-point fluctuation is a bit awkward to mention.
From a daily chart perspective, BTC is currently stuck near the key breakout and retest level around 94, but the rebound strength is quite average, mostly due to weekend liquidity drying up. The key still depends on how Monday unfolds. I personally still hold a long position at around 946 that I took on Thursday, hoping to hold on. If I can't endure, so be it; I’ve set a breakeven stop-loss, and if it gets broken through, I’ll look for new opportunities.
On a smaller timeframe, the downward trendline has been broken, but weekend breakouts are hardly meaningful. For the market to truly strengthen, it must reach the critical resistance at 958 to be considered valid. From the liquidity distribution chart, a lot of orders are stacked in the 94-938 range, and the rebound strength from the small timeframe is gradually weakening, so there's a possibility of a sharp drop followed by a rebound.
In simple terms: the comfortable position for long positions right now is around 94-935. As long as the daily candle's body doesn't break below 94, it can be treated as a normal correction; otherwise, if the daily breaks below 94, this rebound will almost be over, indicating that the market indeed lacks strength.
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PrivateKeyParanoia
· 6h ago
Weekends are for proper rest; staying glued to the screen is really just wasting time.
The rebound lacks strength; it feels like a waste of time. Let's wait until Monday.
If the key level at 94 can't be broken, it's basically over. I'm also holding long positions and taking a gamble.
I've heard the liquidity drought excuse too many times; it's really just a lack of consensus.
958 is the real test; it's still too early to say anything now.
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InscriptionGriller
· 6h ago
The weekend is the perfect window for cutting leeks; once liquidity dries up, no one dares to move. Old Ma knows this trick well.
If it can't break 958, don't boast about being strong; just wait to be smashed.
Holding onto long positions at 946 is just gambler's mentality, brother.
See the real story on Monday; weekend breakouts are mostly just for show.
Once the 94 level breaks, the rebound is immediately declared dead; the liquidity distribution chart doesn't lie.
Instead of watching false breakouts on small timeframes, it's better to wait for big funds to show their true strength.
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digital_archaeologist
· 6h ago
The weekend's volatility is so low, I'm getting sleepy just watching. Let's wait until Monday to see the real move.
The long position at 946 is still holding stubbornly; anyway, I set a stop-loss, so no worries.
If it can't break 94, there's probably no hope; liquidity is too poor.
This kind of market is only suitable for those trading on small timeframes. I'll just wait.
958 is the real test; if you don't reach this level, it's all just talk.
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GweiWatcher
· 6h ago
The weekend only has this much volatility. Holding the long position at 946 is just crazy. Anyway, if it breaks 94, I'll just admit defeat.
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LightningHarvester
· 6h ago
Spending 15 minutes there over the weekend is really self-torture. With that little volatility, it's not even enough to cover the fees.
If it can't break 958, it's just a false alarm. I think Monday will be the real test.
Getting 946 now is just crazy. Let's just bet it won't break 94.
The weekend market is indeed a bit dull, but for traders who are passionate about 15-minute level oscillation trading and not afraid to sacrifice weekend rest time, this actually presents an opportunity. Weekend volatility is generally very small, with a 90% probability of oscillating back and forth within a narrow range, just like this weekend's 949-955, where a 500-point fluctuation is a bit awkward to mention.
From a daily chart perspective, BTC is currently stuck near the key breakout and retest level around 94, but the rebound strength is quite average, mostly due to weekend liquidity drying up. The key still depends on how Monday unfolds. I personally still hold a long position at around 946 that I took on Thursday, hoping to hold on. If I can't endure, so be it; I’ve set a breakeven stop-loss, and if it gets broken through, I’ll look for new opportunities.
On a smaller timeframe, the downward trendline has been broken, but weekend breakouts are hardly meaningful. For the market to truly strengthen, it must reach the critical resistance at 958 to be considered valid. From the liquidity distribution chart, a lot of orders are stacked in the 94-938 range, and the rebound strength from the small timeframe is gradually weakening, so there's a possibility of a sharp drop followed by a rebound.
In simple terms: the comfortable position for long positions right now is around 94-935. As long as the daily candle's body doesn't break below 94, it can be treated as a normal correction; otherwise, if the daily breaks below 94, this rebound will almost be over, indicating that the market indeed lacks strength.