#BTC #ETH
The weekend is over, and the volatility range of Bitcoin on the 4-hour level has tightened again. There is a high probability of a breakout in the next two days, so don’t focus on the 4-hour candlestick now.
This week, focus on the large range at the daily level, but we need to make a slight adjustment to the levels: the current daily oscillation range is between 101,800 and 106,500, which is slightly higher than the range over the weekend.
As usual, in this kind of oscillating market, if you want to profit, you need to wait patiently—wait for the price to touch the top or bottom of the range, confirm that support/resistance is valid before taking action. Don’t rush to buy at the bottom or sell at the top just because you see price fluctuations. The current support and resistance at the daily level are not major trend points; entering too early has a low margin for error and is likely to lead to losses!
