Recently, the market has been a bit tangled. Bitcoin surged to $97,000 but then lost momentum, now repeatedly testing higher levels. Ethereum is also showing weakness. The market is lacking that momentum to move forward decisively. At such times, only range trading can be relied upon.

Today, I will organize some key levels and ideas for BTC and ETH perpetual contracts to provide a reference.

**How to Trade Bitcoin**

If you want to go long, look for opportunities in the $94,800 to $95,200 range. The logic is simple: there is support around $94,200 to $94,500, so a rebound is still possible. The key is to see signs of a bottom in the 1-hour chart or shorter timeframes, such as bullish engulfing patterns, before taking action. If confirmed, targets can be set at $95,800 or even higher at $96,500. But the bottom line is to protect your position; if the price drops below $94,200, stop-loss is necessary.

Another approach is to consider shorting from the top. If the price rebounds to the $95,800 to $96,200 zone, be cautious—if volume is weak, it’s likely to face resistance again. Wait for signs of a slowdown in the 15-minute or 1-hour chart, such as RSI bearish divergence, before considering short positions. Downside targets are initially $95,000, then $94,500.

In simple terms, within this range-bound zone, there are opportunities both above and below. But the key is to clearly observe volume and short-term confirmation signals.