Selling pressure recedes, but the main force has not yet taken action. I lean more towards a consolidation and correction.
From the market perspective, recent declines are more due to "low-volume downward movement" rather than panic selling, indicating that selling pressure is naturally diminishing. Chips are shifting from short-term floating positions back to relatively stable medium- and long-term holders, but the problem is: additional capital has not yet entered significantly. This weekend is more likely to see "volume-constrained consolidation" rather than a direct surge. #Weekend Market Analysis
In this environment, I favor consolidation and correction over a one-sided rebound. If BTC cannot break above key moving averages with volume, the upward space is limited; ETH also needs volume confirmation, otherwise the rebound is just a technical retracement.
Operationally, I prefer light positions to test the waters and range trading, avoiding chasing the top, only buying low at support levels, and gradually reducing positions as it rebounds to resistance levels. The weekend market is not suitable for heavy bets on direction but better for preparing positions for next week.
Are you waiting for volume confirmation, or are you already laying in wait? Share your judgment in the comments.
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Selling pressure recedes, but the main force has not yet taken action. I lean more towards a consolidation and correction.
From the market perspective, recent declines are more due to "low-volume downward movement" rather than panic selling, indicating that selling pressure is naturally diminishing. Chips are shifting from short-term floating positions back to relatively stable medium- and long-term holders, but the problem is: additional capital has not yet entered significantly. This weekend is more likely to see "volume-constrained consolidation" rather than a direct surge. #Weekend Market Analysis
In this environment, I favor consolidation and correction over a one-sided rebound. If BTC cannot break above key moving averages with volume, the upward space is limited; ETH also needs volume confirmation, otherwise the rebound is just a technical retracement.
Operationally, I prefer light positions to test the waters and range trading, avoiding chasing the top, only buying low at support levels, and gradually reducing positions as it rebounds to resistance levels. The weekend market is not suitable for heavy bets on direction but better for preparing positions for next week.
Are you waiting for volume confirmation, or are you already laying in wait? Share your judgment in the comments.