Bitcoin sentiment is extremely dull, to the point of being completely suffocated. The price action on the chart is basically flat, with no meaningful up-and-down movement. It has been grinding sideways in place, consolidating and reorganizing. This Saturday, Bitcoin sentiment will most likely continue this same choppy, ranging structure, with no unexpected moves. But everyone must remember: the longer the range-bound grind continues, the bigger the volatility will be once the price eventually breaks out of the range.

At the moment, Bitcoin is being dragged back and forth within a flag-shaped consolidation pattern, oscillating for more than a full day. It keeps repeating shakeouts and whips back and forth to test traders’ nerves. To see a bullish move, it’s actually simple: the key is whether it can stand firm and hold above 78,463, the core breakout level. After it breaks and holds, it can then ride the momentum to push toward 79,280, and even challenge the 80,000 psychological level.

On the other hand, if Bitcoin sentiment plays out as a drop and a pullback, then it must effectively break below 77,573, this key support level. And after it breaks, if it can’t get back above it, only then will it fall further to test the strong support at 76,237. If it can’t even hold 76,237, then the earlier key bullish long-candle support will also be lost directly, and the pullback will continue—heading straight for the 74,929 support level. In the short term, Bitcoin is stuck oscillating between 77,573 and 78,463, and this won’t last too long. Just be patient and wait for the level to break; now, absolutely don’t blindly enter the market.

$BTC In terms of operations, follow the entry point from yesterday afternoon’s Silk Road setup. Key resistance levels to watch are 77,726, 78,489, and 79,145. Core support levels to watch are 77,320, 76,271, and 74,953.

Now look at Ethereum $ETH : on the 4-hour timeframe, as long as it drops below 2,299, it will retreat and target the 2,249 to 2,200 range. As long as Ethereum’s uptrend line is not broken, it won’t undergo a deep pullback down to 2,282. Holding above the trend line gives a chance for a rebound to push toward 2,339. Only after breaking above here can it be considered a real sign of bottoming out and warming up. Before that break happens, it will just maintain a ranging structure. Everyone should observe and wait for an appropriate move aligned with the trend. Key attention points: resistance at 2,327, 2,355, 2,385 above; core supports at 2,299, 2,252, 2,220 below.