In cryptocurrency trading, when the market is stagnant (with low volatility over the weekend, leading to sideways movement), traders can easily fall into a state of anxiety known as 'mental game': on one hand, the boredom of narrow fluctuations can provoke the urge to 'force operations', even overinterpreting minor fluctuations; on the other hand, occasional false breakouts entice traders to chase after rising prices and cut losses, resulting in frequent market manipulation and falling into a vicious cycle of 'buying leads to price drops, selling leads to price increases'. At this time, traders often become addicted to excessive technical analysis, drawing trend lines and searching for reversal signals, while in reality, the market is just experiencing random fluctuations due to low liquidity. More dangerously, in a low liquidity environment, high-leverage long and short positions frequently get wiped out, leading emotional traders to get repeatedly harvested. In the face of such market conditions, the best strategy is to accept the norm of sideways trading, reduce the frequency of operations, avoid transaction fees and mental fatigue, and instead focus on longer-term trends — after all, the market excels at making impatient people pay the price, and sideways movement often tests endurance. Looking back at the early morning market, after a rise to 117,600, there was a suppression; at around 3 AM, a pullback required the price to break the 117,000 mark before quickly rebounding. The price has re-stabilized above 117,000 and is currently still fluctuating within the range of 117,200 to 118,200.

From the current trend, due to it being the weekend, the volatility won't be too large, but it is evident that there will be strong support around 117,000. As long as the price does not fall below this level in the morning session, it is possible to enter long positions at lower levels. Moreover, from an hourly perspective, the market is currently in a tug-of-war between long and short positions, so the strategy we adopt over the weekend is different from Monday to Friday, mainly focusing on short-term trades. This weekend, participants should focus on taking high short and low long positions within the range of 117,000-118,200. #BTC再创新高 $BTC

Bitcoin Strategy: Long near 117,200, target 118,200.

Ethereum Strategy: Long near 2,930, target 2,965.