#美联储降息 Bitcoin and Ethereum Weekend Market Overview
From the four-hour K-line perspective, after this rapid decline, Bitcoin has now entered a clear consolidation phase. The K-line bodies are shrinking, and frequent upper and lower shadows appear—what does this indicate? The panic selling has already exhausted itself, and the bearish momentum is waning. But the problem is also quite clear: the bulls haven't established a decent counterattack, and the price is being held below the mid-line; the overall structure remains a typical weak rebound. It's more of a post-drop consolidation rather than a true reversal. Currently, it's a matter of trading time for space.
Switching to the one-hour timeframe, Bitcoin is bouncing around the short-term support level, showing a narrow trading range. Although there is still support at the bottom, each rebound lacks continuity, and trading volume is insufficient. This is a typical weekend grinding market. The trading logic is clear: do not chase the rally, do not rush to buy rebounds, and wait for the range to be truly broken. To the upside, consider going long only after volume confirms a steady break above resistance; to the downside, if volume increases again, be prepared for a second bottom test.
Ethereum and Bitcoin are essentially the same—they are both in a process of shock and repair, just with different rhythms. One rebounds slightly more slowly, the other is repairing a bit earlier, but the overall trend direction is still unclear. Currently, treat the situation as oscillating within a range.
**Reference levels:** $BTC Short-term support is around 89,500-89,800, with a target of 90,500 $ETH Short-term support is around 3,050-3,070, with a target of 3,120
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#美联储降息 Bitcoin and Ethereum Weekend Market Overview
From the four-hour K-line perspective, after this rapid decline, Bitcoin has now entered a clear consolidation phase. The K-line bodies are shrinking, and frequent upper and lower shadows appear—what does this indicate? The panic selling has already exhausted itself, and the bearish momentum is waning. But the problem is also quite clear: the bulls haven't established a decent counterattack, and the price is being held below the mid-line; the overall structure remains a typical weak rebound. It's more of a post-drop consolidation rather than a true reversal. Currently, it's a matter of trading time for space.
Switching to the one-hour timeframe, Bitcoin is bouncing around the short-term support level, showing a narrow trading range. Although there is still support at the bottom, each rebound lacks continuity, and trading volume is insufficient. This is a typical weekend grinding market. The trading logic is clear: do not chase the rally, do not rush to buy rebounds, and wait for the range to be truly broken. To the upside, consider going long only after volume confirms a steady break above resistance; to the downside, if volume increases again, be prepared for a second bottom test.
Ethereum and Bitcoin are essentially the same—they are both in a process of shock and repair, just with different rhythms. One rebounds slightly more slowly, the other is repairing a bit earlier, but the overall trend direction is still unclear. Currently, treat the situation as oscillating within a range.
**Reference levels:**
$BTC Short-term support is around 89,500-89,800, with a target of 90,500
$ETH Short-term support is around 3,050-3,070, with a target of 3,120