Sunday morning Jingyi trading thoughts: How to approach a weekend ranging market?
On the BTC daily timeframe, the upward momentum of the big coin is weakening. Price has entered a high-level pullback and consolidation phase and is currently hovering around 842. The MACD red histogram is gradually narrowing, and bullish strength has weakened.
The 4-hour chart is clearer: the highs are being rejected and pulled back, and the market is stuck in range-bound consolidation. Near-term resistance is at 853, while a key support lies at 835. The MACD remains relatively weak. In the short term, the long and short forces are fiercely competing, and geopolitical news-related disturbances are intensifying the oscillations, leaving no clear one-way direction. On Sunday, treat it as range-bound.
Trading suggestions:
On the big coin, if it rebounds to 848–855 and faces pressure, you can consider placing short orders, targeting 840–835 below.
$BTC #Polymarket银行倒闭押注引FDIC关注 #Strategy拟对四只优先股按日派息
On the BTC daily timeframe, the upward momentum of the big coin is weakening. Price has entered a high-level pullback and consolidation phase and is currently hovering around 842. The MACD red histogram is gradually narrowing, and bullish strength has weakened.
The 4-hour chart is clearer: the highs are being rejected and pulled back, and the market is stuck in range-bound consolidation. Near-term resistance is at 853, while a key support lies at 835. The MACD remains relatively weak. In the short term, the long and short forces are fiercely competing, and geopolitical news-related disturbances are intensifying the oscillations, leaving no clear one-way direction. On Sunday, treat it as range-bound.
Trading suggestions:
On the big coin, if it rebounds to 848–855 and faces pressure, you can consider placing short orders, targeting 840–835 below.
$BTC #Polymarket银行倒闭押注引FDIC关注 #Strategy拟对四只优先股按日派息
