#ETH走势分析 The weekend brings another familiar low-volume market, with not much volatility. Let’s briefly discuss this week’s market performance.



Starting Tuesday, Bitcoin saw an increase in volume and surged, reaching as high as 94,150. Coincidentally, this happened right at the resistance point of the 30-day moving average on the daily chart. It failed to break through and started to pull back. The rally on Tuesday and Wednesday was mainly driven by external news—the Fed hype, Japan’s rate cut moves, and various other factors combined. But once the hype faded, the market returned to rationality. There was no continued push on Friday; instead, it chose to pull back.

Looking closely at the chart, the decline wasn’t deep. On the hourly chart, you’ll notice higher lows. After retesting support near 89,000, there was no further breakdown, and over the weekend, it mainly fluctuated between 90,300 and 89,000. For Bitcoin to continue its uptrend, it must break through the 90,300 upper boundary of this range. If it can’t break through and set a new high, the chances of a pullback are much higher than further upside.

As for Ethereum, its performance this week was similar to Bitcoin’s, but I personally feel Ethereum was more resilient this round, with a noticeably smaller retracement than Bitcoin. I’ve posted detailed analysis before—feel free to check my previous posts for specifics, so I won’t repeat it here.

From the hourly chart, Ethereum is also consolidating within a range, similar to Bitcoin. To move higher, it must first break out of the range. If it can’t even break out, there’s not much to expect going forward.

With the market continuing to shrink in volume, there really isn’t much to watch. Since there aren’t any good trading opportunities, it’s better to just take a break. Let’s see if anything stirs up tonight. $BTC $ETH
ETH4.21%
BTC3.21%
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CryptoCross-TalkClubvip
· 3h ago
LOL, it's the same old "if it can't break out of the range, there's nothing to see" cycle again. Us retail investors have heard it so many times we can recite it by heart.
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ZenZKPlayervip
· 13h ago
That's how low volume works—if it can't be contained, it has to break out of the range; if it can't, then it just stays flat. Anyway, I'm just waiting to see how things play out tonight.
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FlashLoanLarryvip
· 23h ago
Range-bound consolidation really messes with your mindset. If it can’t break through 90300, let’s just keep lying flat.
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ColdWalletGuardianvip
· 23h ago
That 94150 level was indeed interesting, just a little bit more and we would’ve made it. Maybe try again later? Failing to break through 90300 didn’t feel like much either; low-volume markets are really boring. Resistant to drops? I don’t see it. ETH has been pretty sluggish this week too. What’s the difference? If it’s going to consolidate in a range, so be it. There aren’t many opportunities anyway—might as well get some sleep. In this kind of market, it’s better to just stay put and wait for things to pick up.
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AirdropCollectorvip
· 23h ago
The 90300 level has been tested repeatedly, so it seems this is the short-term trend. If it can't break through, we should be prepared for a pullback. Feels like next week will be interesting.
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NFTragedyvip
· 23h ago
Box range consolidation, if it can't break through then just wait for a pullback. Anyway, there aren't many opportunities over the weekend, so I'll just lie low for now.
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GamefiEscapeArtistvip
· 23h ago
Drawing boxes again, already tired of this routine. If 90300 can't be broken, we might as well just lie flat.
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GrayscaleArbitrageurvip
· 23h ago
Another day of low-volume grinding—what’s the point of waiting? Better to go to bed early.
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QuorumVotervip
· 12-07 09:53
Repeating the same box theory again, feels like nothing really happened this week.
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