This weekend, Bitcoin's price movement doesn't seem to have any major changes.
In the early trading session, BTC has already formed a long lower shadow candlestick, with the daily chart showing two consecutive declines, and the overall price is repeatedly consolidating around 9.5. Structurally, this is a typical oscillating downward trend, and since market liquidity is already thin over the weekend, this limits the price fluctuations within a relatively small range.
For traders who have already established long positions, holding onto their positions is not a big issue, but the most important thing is to be prepared for ambushes. Once a pullback opportunity appears in the market, immediately add to your position.
From an operational perspective, the key support and resistance levels are within the 9.5 to 9.7 range. Engaging in a guerrilla strategy within this range is the best approach—selling at high levels, buying at low levels, and repeatedly trading until the weekend market starts to move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
4
Repost
Share
Comment
0/400
ChainBrain
· 13h ago
This weekend's market, going up and down on 9.5 to cut my leeks, guerrilla warfare sounds easy to say
View OriginalReply0
TokenSherpa
· 13h ago
ngl the governance implications of this 9.5-9.7 range are actually kinda fascinating if you examine the historical voting patterns... but yeah, weekend liquidity constraints are real, fundamentally limiting price discovery mechanisms here
Reply0
SnapshotBot
· 13h ago
The market over the weekend was really dull, just bouncing back and forth between 9.5 and 9.7.
View OriginalReply0
TestnetNomad
· 13h ago
That's how weekends are—liquidity is dead, so just hover between 9.5 and 9.7, no point in moving anyway.
This weekend, Bitcoin's price movement doesn't seem to have any major changes.
In the early trading session, BTC has already formed a long lower shadow candlestick, with the daily chart showing two consecutive declines, and the overall price is repeatedly consolidating around 9.5. Structurally, this is a typical oscillating downward trend, and since market liquidity is already thin over the weekend, this limits the price fluctuations within a relatively small range.
For traders who have already established long positions, holding onto their positions is not a big issue, but the most important thing is to be prepared for ambushes. Once a pullback opportunity appears in the market, immediately add to your position.
From an operational perspective, the key support and resistance levels are within the 9.5 to 9.7 range. Engaging in a guerrilla strategy within this range is the best approach—selling at high levels, buying at low levels, and repeatedly trading until the weekend market starts to move.