#美国证券交易委员会推进数字资产监管框架创新 Recently, the market trends of $BTC and $ETH have shown an interesting characteristic—usually sluggish, but once they move, they often experience rapid surges or dumps in the middle of the night, with especially fierce volatility. This actually reflects a tight liquidity environment.

In simple terms, the chips in the market are not very active, so when funds want to enter or exit, the impact cost is significant. In such a scenario, relying solely on technical analysis and news to buy the dip or sell the top has limited effectiveness. Those who are willing to wait and understand patience tend to reap better swing gains.

I personally remain bullish. How to trade specifically? Here are some key levels:

**$BTC side**: Consider trying to build long positions in the 88900-89100 range. Once it stabilizes and breaks upward, target around 91400.

**$ETH side**: The 3090-3120 range is a more reasonable entry point. If the market cooperates, look towards around 3256 on the upside.

Small coins like $ZEC, although more volatile, also carry higher risk and require more cautious position management.

Overall, in a market with tight liquidity, patience is the best trading tool.