#数字货币市场洞察 The weekend brings that familiar quiet market again, so let's talk about this week's market trends.

$BTC Starting from Tuesday, there was a surge in trading volume, with prices shooting up to a high of 94,150. Coincidentally, this exactly hit the resistance of the 30-day moving average on the daily chart, and since it couldn't break through, the price started to drop. The surge on Tuesday and Wednesday was mainly driven by various news—Fed expectations, rate cuts in Japan, and so on. Once the hype cooled off, prices naturally returned to rational levels. On Friday, instead of pushing higher, the market chose to pull back.

However, if you look closely at the chart, the decline wasn't that significant. Observing the hourly chart, you'll notice that the lows are actually gradually rising. After testing support around 89,000 and not breaking it, the market has been ranging between 90,300 and 89,000 throughout the weekend. Want to see further gains? First, it needs to break above the 90,300 level. If it can't do that and fails to make new highs, the likelihood of a pullback increases significantly.

As for $ETH, its trend was pretty much in sync with BTC this week. But personally, I feel ETH has shown a bit more resilience during this rally, with shallower pullbacks compared to BTC. I've shared a detailed ETH analysis before, so if you're interested, feel free to check out my earlier posts—I won't repeat it here.

From the hourly chart, ETH, like BTC, is currently consolidating in a range. Want to see it go up? It needs to break out of the range first. If it can't even break out, there won't be much hope for more upside later.

With trading volumes continuing to shrink, there's not much to watch for now. Since there aren't any good trading opportunities, it's best to take a break. Let's see if there are any new developments tonight.