#BTC资金流动性 Market sentiment is hard to grasp. Should we wait and see or take action now?



The daily candlestick shows a large bullish candle, and the price is approaching the 30-day moving average, an important resistance level. My view is that the short-term rebound pattern is not yet complete—judging from the repeated bottoming around 85,000, it seems like energy is being accumulated. If $BTC can hold steady above the 89,000 mark, a surge upward is likely next week, targeting the 95,000 range. But at this stage, there's no need to rush into heavy positions; waiting for a breakout confirmation before adding long positions would be more prudent to avoid falling into false breakout traps.

From on-chain data, large holders are reducing their short positions (about 107 coins), indicating market sentiment is improving. I personally believe $BTC has completed a secondary bottoming process and expect a strong rebound next week, with targets around the $100,000 level. Short-term moderate positioning can be considered.

$ETH daily chart also closed bullish, reaching the 3000 round number. From a trend perspective, I lean towards a rebound, with initial targets set between 3250-3450. However, the key now is whether it can hold above 3000—only by maintaining this level can we confirm genuine strength. Aggressive traders might try adding light positions around 2950-2900, while more conservative traders should wait until $ETH successfully breaks above 3000 before entering.

Today, ETH has been fluctuating between 2960-3000. If it breaks below the 2970 support, be cautious of a retest down to 2935 or even 2900. Recently, Ethereum's correlation with Bitcoin has been quite evident, but its upward momentum seems somewhat lacking, possibly leading to sideways movement instead of a rally. The operational advice is not to be greedy—take profits when available.

I don’t expect significant volatility over the weekend. As long as key levels are not broken, consider low-positioning longs; if broken, cut losses promptly. The market is closed over the weekend, which is fine—especially around holidays, volatility can be limited. I remain cautiously optimistic in the short term, but considering liquidity and frequent market fluctuations, I will definitely not chase highs. Manage risks and take profits when the time is right.

$BTC $ETH
BTC0.29%
ETH0.53%
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AirdropLickervip
· 6h ago
You're emphasizing again, huh? Breaking 89,000 is still a pipe dream. I really don't believe this wave can break through.
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CoffeeNFTradervip
· 6h ago
Still talking about holding steady at 89,000. Why do I feel this rebound is a bit fake? Fake breakouts are really frustrating; I'd rather miss out than get cut. If ETH can't hold 3000, this week will be a waste.
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HappyMinerUnclevip
· 6h ago
Looking at this trend, I feel we still need to wait for confirmation, otherwise it's easy to get smashed. Fake breakouts are so annoying, I choose to stay on the sidelines. Large traders reducing short positions, this signal is still a bit interesting. If ETH can't hold above 3000, be careful, it might drop back down directly. Don't be greedy everyone, take profits when you have them, otherwise, before the holiday, you might get pierced. Liquidity is poor over the weekend, I dare not hold a heavy position, just a light setup. This rebound doesn't seem to have fully started yet, let's wait for a breakout. ETH and Bitcoin are too correlated, they have no momentum of their own, sideways trading is frustrating. Controlling risk, saying it a thousand times is not enough, chasing highs is just giving away money.
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FomoAnxietyvip
· 6h ago
89,000 won't break me, I'll just give up if it does. I'm really exhausted.
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