Weekend BTC & ETH Sideways Fluctuations | Evening Outlook
Since last night’s rise, both BTC and ETH have mostly moved sideways today. Overall, BTC remains weak with limited rebound strength. On the 4H chart, the downtrend continues without clear signs of improvement. With the weekend effect, the market has been fluctuating by several hundred points, but lacking strong continuation in either direction.
For ETH, slight changes have appeared, but it still remains in the rebound phase of a broader downtrend. On the 4H chart, price action shows a consolidation pattern with gradually lower highs and lows, hinting at short-term pressure.
🔹 BTC: Multiple consecutive bearish candles since ~114,000 reflect a clear downward trend. Repeated tests of lower support show weak rebound momentum. 🔹 ETH: Yesterday’s daily candle had a long lower shadow, touching a low near 3820, before rebounding to ~4060. On the 4H chart, ETH is fluctuating upward, but strong resistance remains near the previous high area.
Evening Trade Ideas
🔻 Short BTC around 109,500 – 110,000, target 108,200
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Weekend BTC & ETH Sideways Fluctuations | Evening Outlook
Since last night’s rise, both BTC and ETH have mostly moved sideways today. Overall, BTC remains weak with limited rebound strength. On the 4H chart, the downtrend continues without clear signs of improvement. With the weekend effect, the market has been fluctuating by several hundred points, but lacking strong continuation in either direction.
For ETH, slight changes have appeared, but it still remains in the rebound phase of a broader downtrend. On the 4H chart, price action shows a consolidation pattern with gradually lower highs and lows, hinting at short-term pressure.
🔹 BTC: Multiple consecutive bearish candles since ~114,000 reflect a clear downward trend. Repeated tests of lower support show weak rebound momentum.
🔹 ETH: Yesterday’s daily candle had a long lower shadow, touching a low near 3820, before rebounding to ~4060. On the 4H chart, ETH is fluctuating upward, but strong resistance remains near the previous high area.
Evening Trade Ideas
🔻 Short BTC around 109,500 – 110,000, target 108,200
🔻 Short ETH around 4020 – 4050, target 3940
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