#美国非农就业数据未达市场预期 Time flies, and seven days have passed in the blink of an eye. This week's market has been quite volatile, with Bitcoin's intraday fluctuations often breaking through the thousand-point mark, and prices have even surpassed the key level of 94760, offering no shortage of opportunities for traders. Looking back at the entire week, $BTC gained over 13040 points, and $ETH achieved 683 points—such market momentum deserves our careful attention.
Breaking down daily performance: Monday saw Bitcoin surge 4147 points and Ethereum rise 175 points; Tuesday Bitcoin gained 2562 points and Ethereum 139 points; Wednesday was a good day, Bitcoin surged 2993 points and Ethereum 178 points; Thursday saw a slight pullback with Bitcoin at 2138 points and Ethereum 113 points; by Friday the market weakened, Bitcoin only 1200 points and Ethereum 78 points. Overall, the first half of the week showed stronger momentum, with the second half being more restrained.
From the 4-hour chart, the market has entered a technical correction phase, with the Bollinger Band width continuously contracting, which often signals a rising possibility of subsequent consolidation. At the hourly level, the Bollinger Bands have already flattened horizontally, with prices heavily suppressed within the channel, and short-term breakout momentum is clearly insufficient. K-lines show a pattern of narrow-range alternating consolidation, with bulls and bears temporarily in a stalemate, and the market lacks clear directional bias—currently at a critical juncture for direction selection.
For trading, it's advisable to focus on range-bound high-selling and low-buying strategies. Bitcoin can deploy short positions within the 91000-91300 range, targeting around 88500 on the downside; Ethereum can consider short positions within the 3130-3150 range, targeting the 3000 level. Remember to strictly use the upper and lower tracks of the Bollinger Bands as support and resistance levels for position sizing, making it easier to control risk.
#美国非农就业数据未达市场预期 Time flies, and seven days have passed in the blink of an eye. This week's market has been quite volatile, with Bitcoin's intraday fluctuations often breaking through the thousand-point mark, and prices have even surpassed the key level of 94760, offering no shortage of opportunities for traders. Looking back at the entire week, $BTC gained over 13040 points, and $ETH achieved 683 points—such market momentum deserves our careful attention.
Breaking down daily performance: Monday saw Bitcoin surge 4147 points and Ethereum rise 175 points; Tuesday Bitcoin gained 2562 points and Ethereum 139 points; Wednesday was a good day, Bitcoin surged 2993 points and Ethereum 178 points; Thursday saw a slight pullback with Bitcoin at 2138 points and Ethereum 113 points; by Friday the market weakened, Bitcoin only 1200 points and Ethereum 78 points. Overall, the first half of the week showed stronger momentum, with the second half being more restrained.
From the 4-hour chart, the market has entered a technical correction phase, with the Bollinger Band width continuously contracting, which often signals a rising possibility of subsequent consolidation. At the hourly level, the Bollinger Bands have already flattened horizontally, with prices heavily suppressed within the channel, and short-term breakout momentum is clearly insufficient. K-lines show a pattern of narrow-range alternating consolidation, with bulls and bears temporarily in a stalemate, and the market lacks clear directional bias—currently at a critical juncture for direction selection.
For trading, it's advisable to focus on range-bound high-selling and low-buying strategies. Bitcoin can deploy short positions within the 91000-91300 range, targeting around 88500 on the downside; Ethereum can consider short positions within the 3130-3150 range, targeting the 3000 level. Remember to strictly use the upper and lower tracks of the Bollinger Bands as support and resistance levels for position sizing, making it easier to control risk.