Weekend Price Surge Sparks Skepticism in Market Sentiment

Despite a recent price surge fueled by weekend trading activity, market sentiment remains cautious according to insights from researcher Adam on social media. The trader community is displaying a bearish outlook, questioning the potential for substantial liquidity rebound during the U.S. holiday period. While traders have identified $60,000 as a possible entry point for long-term positions and $88,000 as a key resistance level for the week, many anticipate a price pullback towards the CME closing price of around $85,000.