Weekly briefs
One real week of Bitcoin and Ether: what the data shows, what it cannot show, and what a careful desk would check.
391 notes, newest week first
Week of 5 June 2023: both assets fall on light volume, closing in the lower thirdWhen Bitcoin and Ether fall together but on below-average volume and close near their weekly lows, does the week point to direction, or to a market that simply ran out of buyers?Week of 29 May 2023: Bitcoin slips 3.38% on volume at a quarter of its prior averageWhen both assets drift lower on unusually thin trading, what does the week say about the market's direction, and what can thin volume itself not tell us?Week of 22 May 2023: both assets gain about 5% on volume below the 12-week averageWhen a week of gains for both assets closes near its high on below-average volume, what does the price action establish, and what would need to be confirmed later?Week of 8 May 2023: Bitcoin falls 5.32% on a quarter of its usual dollar volumeWhen both assets fall but trading volume runs far below normal, what can the price path say about the decline, and what can thin trading not tell us?Week of 1 May 2023: Ether finishes flat while Bitcoin falls 2.75% on light volumeWhen Bitcoin falls and Ether ends the week unchanged while trading is quiet, what can price and volume say about whether the two assets are separating, and what can they not settle?Week of 24 April 2023: Bitcoin gains 5.95% while Ether ends nearly flatWhen two assets move together hour by hour but one gains 5.95% and the other 0.43%, what does that gap tell us about the week, and what does it leave open?Week of 17 April 2023: Bitcoin falls 8.96% and Ether 12.11% after three rising weeksAfter three weeks of gains, what does a joint decline in Bitcoin and Ether reveal about the move's structure, and what does the week's data leave unresolved?Week of 10 April 2023: Ether outpaces Bitcoin by 6.98 points on mixed volumeWhen Ether rises roughly twice as much as Bitcoin in the same week, what does the pair's behaviour and the two volume readings suggest about the move, and what remains unmeasured?Week of 3 April 2023: Ether rises 3.59% while Bitcoin adds 0.54% on thin volumeWhen both assets rise but one moves further than the other, and Bitcoin's trading volume sits well below normal, what does the week say about the strength of the move?Week of 20 March 2023: Bitcoin and Ether end flat after an 8.5% swing inside one weekWhen two assets close the week almost exactly where they opened, what does an 8.5% inner range tell a trader about risk, and what does the flat close hide?Week of 13 March 2023: Bitcoin posts its best weekly return in 265 weeks of historyWhen Bitcoin records its strongest weekly gain in over five years of history while Ether lags by 14 points, what does the week say about breadth, and what can it not say?Week of 6 March 2023: Bitcoin slips 1.93% while Ether gains 1.01% after a 16% midweek swingWhen both assets fall hard midweek yet one finishes higher and both close near their highs, what does that divergence say about the week's risk and recovery?Week of 27 February 2023: Bitcoin and Ether fall near 5%, both closing near their weekly lowsWhen a moderate weekly decline concentrates in a single hour and both assets close near their lows, what does that hour imply about how risk limits set during calmer weeks were sized?Week of 20 February 2023: both assets fall, with highs early and lows on SaturdayWhen a week opens, rises to a high on the first day or two, then slides to a low late on Saturday, what does the path say about momentum, and what does it leave unknown?Week of 13 February 2023: Bitcoin gains 11.43% and Ether 10.89% after two down weeksWhen two assets post double-digit weekly gains while still 49.4% and 52.61% below their 52-week highs, what does the week's data establish about the move, and what does it leave open?Week of 6 February 2023: Bitcoin and Ether fall back after a mostly rising monthWhen a rising market gives back part of its gains in a single week, what does the shape of that week say about whether the trend has changed or merely paused?Week of 23 January 2023: Bitcoin gains 4.56% while Ether adds only 1.06%When both assets rise but one lags by three and a half points, what does the week's price path say about the advance, and what can it not say?Week of 16 January 2023: Bitcoin adds 8.79% after a 21.86% week while Ether lagsWhen two strong weeks arrive in a row but prices remain about half below their 52-week highs, what does the second week confirm, and what does it leave open?Week of 2 January 2023: both assets rise while volume sits well below its 12-week averageWhen prices grind higher on weak volume after several down weeks, how much can a single week of price data tell us about whether the trend has actually turned?Week of 26 December 2022: a quiet week with Bitcoin down 1.28% and volume at half its averageWhen a week brings small price moves and thin trading volume at the same time, does the quiet read as stability or as a market waiting, and what can price data alone settle?Week of 19 December 2022: small gains on thin volume, ETH ahead of BTC by 2.44 pointsWhen both assets post small gains on roughly half their usual volume while sitting far below their 52-week highs, what does the week actually establish?Week of 12 December 2022: both assets peak Wednesday and close in the lower third of the rangeWhen two assets move together all week but one falls three times as far as the other, what does the gap say, and what can a week of price data not explain?Week of 5 December 2022: Bitcoin and Ether end the week nearly flat on weak volumeWhen two cryptocurrencies barely move for a week after large declines, what does the calm actually tell us about liquidity, positioning, and the risk that stays hidden?Week of 28 November 2022: BTC and Ether rebound, on below-average trading volumeAfter a sharp monthly decline, what does a 4% to 7% weekly rebound on thin trading volume tell a desk about the strength of the move?Week of 14 November 2022: Bitcoin closes flat while Ether falls a further 6.49%After a week in which both assets lost more than a fifth of their value, does the following week show stabilisation, and what does the split between Bitcoin and Ether reveal about it?Week of 7 November 2022: a 21.89% fall in a market already 75% below its highWhat does a sharp weekly fall mean when the market is already deep in a decline, and how should it change the way a trader reads the next rebound?Week of 31 October 2022: Bitcoin rises 1.35% while Ether falls 1.39% in the same weekWhen Bitcoin and Ether close a week in opposite directions yet still move together hour by hour, what does the gap between them actually measure, and what would show whether it is persisting?Week of 24 October 2022: Ether gains 16.58% while Bitcoin rises 5.4%When Ether rises far more than Bitcoin in the same week, what does the week's price data say about where the strength came from, and what can it not settle about why?Week of 17 October 2022: BTC and ETH rise on volume well below the twelve-week averageWhen both assets close the week higher near their highs but trade on below-average volume, how much of the move can a desk treat as a change in trend?Week of 10 October 2022: Bitcoin and Ether drift lower on volume below the 12-week averageWhen both assets end a week almost where they started, on thin volume and far below their highs, what does that quietness actually tell a desk about positioning and risk?
Research notes on real market weeks, not investment advice. Sources: Binance spot BTCUSDT and ETHUSDT 1-hour candles and USD-M perpetual funding rates; weekly figures computed by WSTiger.