Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
.
On the daily chart, Bitcoin trades within the 95,000–96,000 USDT zone, indicating a consolidation phase after a previous impulse. The price remains above the MA10 and MA30 moving averages, which reflect the average asset value over the last 10 and 30 days, respectively. Moving averages are used to determine the overall trend and dynamic support zones. Holding the price above these lines means that the medium-term structure remains stable.
The RSI on the daily timeframe is in the neutral zone, indicating no overbought or oversold conditions. This confirms a balance between supply and demand. The MACD shows a slowing of momentum without a sharp change in direction, typical for accumulation periods. All these signs suggest that the market is temporarily maintaining the achieved levels rather than preparing for sharp changes in direction.
Analysis of the medium timeframe (4H).
On the 4-hour chart, a clear reduction in the trading range is visible — a classic sign of decreasing volatility. Key levels are formed on this timeframe — price zones where active interaction between buyers and sellers previously occurred.
The zone 94,200–94,500 acts as support, where the price previously paused due to increased demand. Its significance lies in market participants expecting a reaction again.
Resistance around 97,000–97,500 is a zone where sellers were actively involved earlier. Resistance indicates a temporary overextension of the price. Until the price consolidates above this level with volume, it remains a barrier to growth. The price behavior between these zones confirms a sideways movement scenario.
Analysis of the lower timeframe (1H).
On the hourly chart, a cautious reaction of the price to each approach to the range boundaries is visible. Volumes remain moderate, typical for weekends. I use this timeframe for confirmations rather than main decisions. It is important to observe the price behavior near support or resistance: whether the level is defended or shows weakness. The lower timeframe helps refine entries but does not determine the overall scenario.
Given the easing of selling pressure, I expect the continuation of consolidation with the possibility of a short-term technical rebound, but not an impulsive move. The absence of volume growth indicates that buyers are not yet ready to actively push the price higher, so the baseline scenario remains sideways movement within the established range.
This weekend, I am watching Bitcoin (BTC), as it is the overall market mood setter and has a clear structure. I trade BTC reactively: only entering after confirmation of support or resistance. Without such conditions, I refrain from entering and focus on capital preservation.
My trading strategy and ideas.
My strategy for this weekend is based on working with levels, not predicting movement. The main idea is to use the support zone 94,200–94,500 as a potential rebound area upon confirmation. Entry is only possible after stabilization or level defense. The stop-loss is placed below support, allowing clear risk control.
The resistance zone 97,000–97,500 is used as a reference point for taking profits or waiting for a reaction. Buying without volume in this area is not considered. Breaking this level only matters if the price consolidates and retests it. This approach helps avoid false moves that often occur on weekends.
The current market phase shows that Bitcoin is in a state of balance, not weakness. Consolidation creates conditions for structural movement but requires patience. My focus this weekend is on carefully observing the price reaction to key levels and disciplined risk management. Such a strategy allows remaining effective in conditions of low liquidity and uncertainty.
#GateSquareCreatorNewYearIncentives
#WeekendMarketAnalysis
#WeekendMarketAnalysis
#GateSquare
$BTC $BTC