Bitcoin is stuck in a tug-of-war around $95,150. The 1-hour chart shows extremely compressed volatility, with an amplitude of only ±0.2%. Such an extremely narrow fluctuation usually indicates an imminent directional breakout. Trading volume has declined, and many market participants are on the sidelines, with few eager to chase high. This detail is crucial—it suggests that the current upward momentum is more driven by macroeconomic expectations and capital inflows rather than a fundamental shift. From a technical perspective, two lines are key. The support zone below is between $94,800 and $95,000, which is both the 24-hour low and the area with the most short-term trading activity. Going lower, the $94,500 to $95,000 range was previously a breakout platform, providing strong support. On the upside, the $95,400 to $95,600 range is the intraday resistance, and breaking through here would face a stronger resistance zone at $97,500 to $98,000. The weekend's particularity is weaker liquidity, which can amplify volatility. However, this often results in less sustainability. Currently, instead of frequent trading, it’s better to observe more and act less, waiting for a confirmed breakout or a convincing pullback before following up. Risk management is crucial—set stop-loss and take-profit levels in advance and avoid being swept away by short-term fluctuations.

The recent short-selling strategies have been performing quite well. The short positions on DASH and RIVER both successfully took profits and exited yesterday, locking in a total gain of 4100U. Although the gains are not large, stability is a good thing. Currently, although the market activity is moderate over the weekend, the trend of XMR has provided many opportunities. This wave of market movement should allow for substantial gains in long positions. From a macro perspective, the signal that the US core CPI is below expectations is still worth paying attention to, as market sentiment towards risk assets like Bitcoin may adjust accordingly. The crypto market is like this now—technical, capital, and macro factors all need to be considered. Simply watching the charts can often lead to pitfalls. As always, risk management is the top priority.