BTC has once again entered a boring consolidation zone and it likely won't end that quickly.

After rising to 745, it consolidated for 7 days the first time, then for 14 days at 85, and after reaching 100,000, it has already consolidated for 9 days. This time, the consolidation above 100,000 is somewhat different from the previous two.

This time, the main forces did not slowly inject funds like before. Since many retail investors are reluctant to sell, they are quietly cashing out.

No matter how the main forces perform their solo act, the fundamentals remain unchanged. As long as it is the same as the previous two times, regardless of how it consolidates later, as long as the daily closing price does not fall far below 102,700, the likelihood of Bitcoin returning below 100,000 in the short term is low.

Considering the capital outflow, at the current price above 102,200, my personal view is bullish in the short term and bearish in the medium term.

Bitcoin’s 1-hour and 4-hour charts have no significant trends. In the short term, there are only two short selling prices: 104,460 and 105,600.

On the weekly chart, there are only two strong resistance levels at 106,500 and 108,300, which are also the most suitable short selling reference prices below 110,000.

Generally, Bitcoin doesn’t fluctuate much over the weekend. If it rises first, short at 104,460 with an 800-point stop loss.

If it goes down first, the nearer support is at 102,200, and the further one is around 101,100. If it drops to that price, it can quickly recover, and if it retests, it can be a buying opportunity. If it breaks down, it’s better to exit and observe first.

ETH has broken through the 4-hour trend line, and I don't recommend going long near 2,500. There is a very clear support level in the 1-hour structure around 2,411 ± 5 dollars. If Bitcoin drops first, you can go long on Ethereum. Whether it can hold for the long term is uncertain unless it breaks out with volume above 2,646. Place a stop loss below 2,400, with support below around 2,363.

I previously mentioned SOL's erratic behavior, and I made two trades which were frustrating. Since it has created a low point at 163, the only support below is at 160.77 and 155. If it rises along with Bitcoin, let’s see how Bitcoin performs at 174 and 178. I’m not sure how it will react at these two prices.