The current market has experienced a technical rebound after a previous decline, with weekend oscillation and correction characteristics being very evident. Overall, it remains in a range-bound consolidation phase.
From a 4-hour perspective, the price is operating near the upper band of the Bollinger Bands. The previous dip found effective support at a key level, and the rebound structure is gradually recovering. However, it still belongs to a technical warming after a decline and has not formed a trend reversal.
Switching to the 1-hour timeframe, the market shows a pattern of five consecutive bearish candles, with the price touching the lower Bollinger Band and then experiencing a corrective rebound, consistent with the normal rhythm in a low liquidity environment over the weekend. The short-term rebound is more about indicator correction and sentiment easing, not the start of a new upward attack. Usually, after a small rebound, the market still needs time for turnover and consolidation before choosing a direction.
In terms of trading strategy, before a substantial trend reversal occurs, maintain a strategy of "rebound pressure shorting" within the oscillation range. • BTC: Enter short positions around 90,000, targeting 89,000–88,500 • ETH: Enter short positions around 3,110, targeting the 3,000 level
Overall, the market remains in a range-bound game. Be patient and wait for clear feedback at key levels before adding positions or taking profits.
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1.3 Evening Market Analysis
The current market has experienced a technical rebound after a previous decline, with weekend oscillation and correction characteristics being very evident. Overall, it remains in a range-bound consolidation phase.
From a 4-hour perspective, the price is operating near the upper band of the Bollinger Bands. The previous dip found effective support at a key level, and the rebound structure is gradually recovering. However, it still belongs to a technical warming after a decline and has not formed a trend reversal.
Switching to the 1-hour timeframe, the market shows a pattern of five consecutive bearish candles, with the price touching the lower Bollinger Band and then experiencing a corrective rebound, consistent with the normal rhythm in a low liquidity environment over the weekend. The short-term rebound is more about indicator correction and sentiment easing, not the start of a new upward attack. Usually, after a small rebound, the market still needs time for turnover and consolidation before choosing a direction.
In terms of trading strategy, before a substantial trend reversal occurs, maintain a strategy of "rebound pressure shorting" within the oscillation range.
• BTC: Enter short positions around 90,000, targeting 89,000–88,500
• ETH: Enter short positions around 3,110, targeting the 3,000 level
Overall, the market remains in a range-bound game. Be patient and wait for clear feedback at key levels before adding positions or taking profits.