The recent market rhythm feels a bit "stuck"—Bitcoin clearly wants to move, but it just can't go down or up. This is the toughest test of judgment because you can't tell what the next move will be.
From the four-hour chart, after a pullback, it has entered a consolidation zone. Pay attention to a detail: although the center of gravity is shifting downward, there has been no continuous breakdown. What does this indicate? Someone is absorbing the sell-offs. So rather than saying it's a decline, it's better to say the market is slowly digesting the overhead pressure with time. The one-hour chart shows a typical tug-of-war—small rebound ranges, no extended pullbacks, just a back-and-forth correction.
Currently, this market is not suitable for impulsive actions. Chasing highs or selling lows can easily lead to traps. A more reliable approach is: wait first, then choose a direction. The key still depends on the performance at critical price levels. Either volume confirms a steady upward move, or a significant break downward extends the decline. Only then can the next phase of the market be confirmed. When in doubt, staying on the sidelines is the safest.
Specific levels: Bitcoin is currently trading between 87,200 and 87,700 in the short term. If it breaks down, the target is around 86,500. Ethereum is fluctuating between 2,930 and 2,960; if it breaks, look at around 2,880.
The key is to wait for volume confirmation—without volume, even a seemingly good breakout is just a false move.
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WhaleWatcher
· 10h ago
Another tug-of-war, really annoying. Let's wait for the volume to pick up; there have been too many false breakouts anyway.
Can't hold back anymore, please give a clear direction soon.
The bagholders are holding firm at the bottom, let's see who can't hold on first.
If it can't break 87200, I'll just stay on the sidelines and watch; I'm tired of guessing.
Without volume, any support or resistance levels are just paper tigers.
This kind of market tests the most patience; I've already stopped watching.
Someone is defending the bottom, at least indicating it hasn't collapsed yet.
Waiting, waiting, it's been almost a week. When will the market make a decision?
2880, 86500, remember these. Breaks will determine the rest.
Digesting pressure is fine, but can it be faster, brother?
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IntrovertMetaverse
· 10h ago
It's the same tug-of-war again, really annoying. Let's wait until the volume can be confirmed.
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ForkItAll
· 10h ago
Really tired of this stagnant market, it's just torture
If the trading volume can't pick up, it's just a false breakout, I don't believe you
Let's just wait now, there's no use rushing anyway
Whether 87200 can hold is the key, let's watch it
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GamefiEscapeArtist
· 10h ago
It's the same tug-of-war again, really annoying. Just wait for the volume to pick up; anyway, we'll have to choose a direction sooner or later.
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GasFeeNightmare
· 10h ago
It's a matter of patience this time. Otherwise, it will just be another fake breakout show.
The recent market rhythm feels a bit "stuck"—Bitcoin clearly wants to move, but it just can't go down or up. This is the toughest test of judgment because you can't tell what the next move will be.
From the four-hour chart, after a pullback, it has entered a consolidation zone. Pay attention to a detail: although the center of gravity is shifting downward, there has been no continuous breakdown. What does this indicate? Someone is absorbing the sell-offs. So rather than saying it's a decline, it's better to say the market is slowly digesting the overhead pressure with time. The one-hour chart shows a typical tug-of-war—small rebound ranges, no extended pullbacks, just a back-and-forth correction.
Currently, this market is not suitable for impulsive actions. Chasing highs or selling lows can easily lead to traps. A more reliable approach is: wait first, then choose a direction. The key still depends on the performance at critical price levels. Either volume confirms a steady upward move, or a significant break downward extends the decline. Only then can the next phase of the market be confirmed. When in doubt, staying on the sidelines is the safest.
Specific levels: Bitcoin is currently trading between 87,200 and 87,700 in the short term. If it breaks down, the target is around 86,500. Ethereum is fluctuating between 2,930 and 2,960; if it breaks, look at around 2,880.
The key is to wait for volume confirmation—without volume, even a seemingly good breakout is just a false move.