I got up early to check the weekly chart closing and the opening of the daily candlestick, but the significant Fluctuation we were waiting for did not occur. It dropped below 2625, where I initially planned to take profit, and hit 2650 immediately, resulting in a loss of 3 points. The 4-hour Bollinger Bands are narrowing again. It seems like we will be stuck in a sideways trend. I have high expectations, but as anticipated, today's Turnover Rate is lower, as well as the Trading Volume and user sentiment. There is still some upward momentum on Friday, repairing the daily candlestick indicators. With reduced Fluctuation over the weekend, entering the market for swing trading on the 5-minute, 15-minute, and 30-minute charts seems like a good choice, and profits should be achievable.

Almost forgot, Monday is the Presidents' Day holiday in the United States, so the U.S. stock market will not open on Monday, which means the rubbish time in the rubbish will be one day longer. For buddies, it may not be a bad thing, after all, it's a good time to relax a little. And there are no very critical macroeconomic data next week, so the impact of the macroeconomic field on the market will also be relatively low.
Of course, there will still be one or two announcements to look forward to next week. One is the minutes of the January Federal Reserve meeting in the early hours of Thursday. We are no longer expecting a rate cut in March, but we can see how Fed officials view tariffs in the meeting minutes. The other is the University of Michigan's inflation forecast on Friday night, yes, the one that directly crashed the market with 4.3% last time.
Let's see how much it will be this time. If it is more than 4.3%, I am not sure if it will scare the market. I think this data has a high element of forgery, but if it comes down, it will still be helpful for sentiment.
Looking at the data of BTC itself, the decrease in Turnover Rate and Trading Volume brings continued investor sentiment depression, so it will not have any impact on the current support. The range of $93,000 to $98,000 is still the best support level, with more BTC concentrated around $97,000. There are approximately 1.4 million BTC at these two levels.
As long as this part of investors do not panic, the support level is not broken, the price will remain relatively stable. If you are a risk investor, it is recommended to pick up money during swing trading in rubbish time.
Conservative investors are advised to manage their hands and get through the rubbish time.
The last piece of advice
If your winning rate is based on holding positions, then you will eventually find it meaningless. Reviewing the past, the truly large profitable positions should have been in the red from the moment you entered. Going back to sleep. #Gate.io与F1红牛车队达成战略合作 #本周周末行情分析