Black Friday is nothing special. Yesterday, during the US market session, price action continued to follow the Asian session’s consolidation and oscillation; now it’s reached the weekend’s lowest point. At around 77,200, price was rejected and rebounded. Overall, the range is only about 1,000 points for this side-to-side movement. The current rebound has moved up to 77,500 for consolidation. As for Ethereum, it still maintains a 2,300–2,330 range of fluctuation. With such a small intraday range, it’s really hard to endure—better to rest and adjust well over the weekend, and wait for opportunities early next week.

Let’s talk about the chart. After the recent strong rally, the 4-hour chart retraced and first broke below the middle band support. The overall support structure has been somewhat disrupted, and the highs are also in a continuous downward phase. As the Bollinger Bands tighten, it indicates that the recent adjustment is about to split and determine the broader direction for the next phase. Combined with the current MACD signals—after a dead cross at high levels, there is a top divergence—it also suggests that the overall market is still dominated by bears. High-level short positions can continue to be held; wait for a volume-driven breakdown to break through the 77,000 level/line before acting. For weekend trading, on the short-term side, you can keep it within 77,000 to 77,800—mainly trade with a bearish bias centered on range consolidation.

For “big BTC,” look for a short at 77,800–78,000, targeting around 77,000. For “small ETH,” look for a short at 2,320–2,330, targeting around 2,300. #加密市场行情震荡 $BTC $ETH