One month of sideways trading, repeating the same routine every night—the daytime consolidation followed by a sudden spike at night. This rhythm has become the norm.



But tonight is different. The release of major economic data such as US Initial Jobless Claims and EIA Crude Oil Inventories is imminent, and the market is sensing a shift. From the current structure, selling pressure shows signs of exhaustion, while buying interest is quietly accumulating energy. These types of data often serve as triggers for market movements.

From a technical perspective, BTC can consider buying on dips within the 87,600-88,100 range, with a target around 91,500. If the data meets expectations, the catalysts will be in place. ETH and ZEC are also worth watching—they often follow through with upward moves driven by BTC.

The key still depends on how the data lands tonight and how quickly the market reacts.
BTC0.74%
ZEC-5.43%
View Original
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.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
DAOdreamervip
· 3h ago
The sideways movement this past month has really been a torment, waiting for the needle every night. Today feels different. At the critical moment of data landing, the bears are exhausted, and the buyers are gathering strength. Buy on dips at the 87,600 bottom. 91,500 is not a dream. BTC leads, ETH follows, let's see how it plays out tonight.
View OriginalReply0
LiquidationWatchervip
· 4h ago
Buddy, are you waiting for data to rescue the market again? How was the market the last time you said that... It's been a month since I stitched the needle, I'm numb. If it really breaks 91500 tonight, I'll livestream eating my keyboard. Is the buying side accumulating energy? I think it's more like accumulating risk... What about the brothers who went long at 87600?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)