The weekend market kicked off with a wave of excitement—sudden surge in the early morning, followed by a high probability of entering a "rest and adjustment" mode, with smaller fluctuations in gains and losses.
However, I must remind everyone: that peak of the upward move in the early morning yesterday didn't actually break through the key resistance level, and instead, it couldn't sustain the rise and fell back. The slight decline during the day also shows that the momentum to push higher has weakened, and the willingness for a big rally in the short term is not strong. So, although the overall trend hasn't fully turned downward yet, chasing and going long now carries risks that far outweigh the rewards, making it not very cost-effective.
The core principle for weekend trading is: within a small range, you can sell high and buy low, but it's better to lean towards shorting at high levels and only quickly buy at low levels for quick exits. Focus on the 90500-91000 resistance zone for Bitcoin, and 3130-3160 for Ethereum. If it can't break through, you can try shorting with a light position, but be sure to set a proper stop-loss.
For going long, only consider short-term participation after the key support levels (Bitcoin 89000-89500, Ethereum 3050-3080) are firmly held, and avoid holding on to losing positions.
Finally, remember: reduce your positions on weekends, stay patient, and wait until Sunday night when the trend becomes clearer before confirming the next wave direction. The market changes every day, so you must stick to your trading logic and learn to adapt flexibly. Steady and disciplined trading is the most important. #ETH走势分析 $BTC
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Don't rush into opening positions on weekends!
The weekend market kicked off with a wave of excitement—sudden surge in the early morning, followed by a high probability of entering a "rest and adjustment" mode, with smaller fluctuations in gains and losses.
However, I must remind everyone: that peak of the upward move in the early morning yesterday didn't actually break through the key resistance level, and instead, it couldn't sustain the rise and fell back. The slight decline during the day also shows that the momentum to push higher has weakened, and the willingness for a big rally in the short term is not strong. So, although the overall trend hasn't fully turned downward yet, chasing and going long now carries risks that far outweigh the rewards, making it not very cost-effective.
The core principle for weekend trading is: within a small range, you can sell high and buy low, but it's better to lean towards shorting at high levels and only quickly buy at low levels for quick exits. Focus on the 90500-91000 resistance zone for Bitcoin, and 3130-3160 for Ethereum. If it can't break through, you can try shorting with a light position, but be sure to set a proper stop-loss.
For going long, only consider short-term participation after the key support levels (Bitcoin 89000-89500, Ethereum 3050-3080) are firmly held, and avoid holding on to losing positions.
Finally, remember: reduce your positions on weekends, stay patient, and wait until Sunday night when the trend becomes clearer before confirming the next wave direction. The market changes every day, so you must stick to your trading logic and learn to adapt flexibly. Steady and disciplined trading is the most important. #ETH走势分析 $BTC