On Sunday midday, Bitcoin continued to show an extremely low-volume sideways consolidation. Compared to the 90543 price level on Saturday afternoon, the past 20 hours have been almost uneventful, with the price oscillating narrowly between 90500 and 90800, like an ECG pattern. The reason behind this is simple—weekend market liquidity is severely lacking, participation is very low, and both buyers and sellers are waiting for signals.
From the bullish perspective, they have firmly defended the psychological barrier at 90000. Although the rebound momentum is insufficient and attempts to push above 91200 have failed, it also leaves no room for the bears to break downward. This "sideways consolidation without decline" usually indicates waiting for the US stock futures to open on Monday to make a directional choice.
It is worth noting that historically, major players particularly like to exploit the extremely thin order book environment on Sunday night, suddenly sweeping down to around 89500, triggering high-leverage long stop-losses, and then pushing up again at the Monday open. This is an old routine, but someone always falls for it.
Regarding support and resistance, in the short term: 90000-90200 is the intraday bottom and also the last line of defense for the bulls. It was held on Friday and Saturday, and it is highly likely to be tested again on Monday morning. If a false breakdown occurs, the zone around 89400-89600 is the extreme rebound area, where many aggressive longs will be lurking. Deeper support is at 88800, but the probability of reaching that level is relatively small.
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LiquidationWizard
· 17h ago
This lousy market on Sunday makes me want to sleep.
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ChainSherlockGirl
· 17h ago
On Sunday, regarding this ECG market, I bet five dollars that the main force will make another move to sweep the needles on Sunday night. It's the old routine, but someone always gets caught off guard each time.
That 89,500 hurdle, I checked the wallet activity on the chain in the group, and indeed a few big players' stop-loss orders are stacked quite heavily.
Just hold and wait for Monday; whether 90,000 breaks or not will decide everything.
Every time they say this time is different, but it’s still the same old trick to fool small investors. It’s a bit tiring.
Based on my analysis, such extremely thin liquidity is most prone to surprises, so be cautious.
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ImpermanentPhobia
· 17h ago
Still dithering around 90,000; the sharp move on Monday will come.
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AirdropHarvester
· 17h ago
Sunday's low-volume sideways trading is really boring, might as well go to sleep
Waiting for it, the main force's old trick of sweeping needles is coming again
Holding 90,000 is useless no matter how stubborn, it will still be爆 on Monday
View OriginalReply0
AllInAlice
· 17h ago
Another weekend of this frustrating sideways movement. Watching the chart that looks like an electrocardiogram makes me want to sleep.
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TokenVelocityTrauma
· 17h ago
On a Sunday with this low-volume trading, just wait for Monday's sweep to get the momentum. If it breaks below 90,000, I'll jump in immediately.
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AirdropAnxiety
· 17h ago
It's the same old trick again. I really fell for your nonsense on Sunday night.
On Sunday midday, Bitcoin continued to show an extremely low-volume sideways consolidation. Compared to the 90543 price level on Saturday afternoon, the past 20 hours have been almost uneventful, with the price oscillating narrowly between 90500 and 90800, like an ECG pattern. The reason behind this is simple—weekend market liquidity is severely lacking, participation is very low, and both buyers and sellers are waiting for signals.
From the bullish perspective, they have firmly defended the psychological barrier at 90000. Although the rebound momentum is insufficient and attempts to push above 91200 have failed, it also leaves no room for the bears to break downward. This "sideways consolidation without decline" usually indicates waiting for the US stock futures to open on Monday to make a directional choice.
It is worth noting that historically, major players particularly like to exploit the extremely thin order book environment on Sunday night, suddenly sweeping down to around 89500, triggering high-leverage long stop-losses, and then pushing up again at the Monday open. This is an old routine, but someone always falls for it.
Regarding support and resistance, in the short term: 90000-90200 is the intraday bottom and also the last line of defense for the bulls. It was held on Friday and Saturday, and it is highly likely to be tested again on Monday morning. If a false breakdown occurs, the zone around 89400-89600 is the extreme rebound area, where many aggressive longs will be lurking. Deeper support is at 88800, but the probability of reaching that level is relatively small.