#比特币对比代币化黄金 $BTC Gold's movement this week is quite interesting—there's only been a 100-point fluctuation range for the whole week, and the price has been sticking stubbornly to the opening price like a nail. The weekly candle is likely to close as a doji. After four days of sideways trading, today will probably be more of the same.

But don't be fooled by appearances. This round of consolidation may look calm, but the underlying bullish tone is still there. Why? Because expectations for Fed rate cuts haven't faded; bulls are just taking a breather while the market waits for a chance to rotate positions. This is the time when impulsive moves are most dangerous—it's not a trend reversal or a strong rally, just bulls and bears wrestling for control.

Today, after gold dipped to 4195, it has been slowly climbing back up. If it can break above yesterday’s US session high of 4219, short-term bulls will have regained their footing. But chasing here? The risk is too high.

How to trade during the US session? The right approach is to buy the dip in batches. Watch the 4203 to 4213 support zone: 4203 is the lower boundary of the recent range, and 4213 is the neckline of the intraday pullback. Entering in two parts can help average out your cost. As for the upside targets? First, look at 4250—this level has been tested several times without breaking through. If it holds this time, the next stop is the stage high at 4266. Break above 4266? Then the bulls could be writing a new script.

Of course, you also need a Plan B. If the US session drops below 4200, short-term long stop-losses may trigger in a wave, and 4180 to 4185 would be the next support area—so be ready to adjust your strategy flexibly. In short, now is not the time to go all-in; picking the right entry is more important than anything else.