I. Bitcoin (BTC)
● Current status: Around $62,800, with resistance at $65,000 and support at $62,000.
● Short plan: Test a short on a low-volume rebound to $63,500–$63,800, with a stop-loss at $64,200 and a target of $62,000–$62,500.
● Long plan: Test a long after stabilization on a pullback to $62,000–$62,300, with a stop-loss at $61,500 and a target of $63,500–$64,000.
● Note: Downward pressure has not been released; do not blindly buy the dip.
II. Ethereum (ETH)
● Current status: Narrow-range consolidation around $1,880, with resistance at $1,899 and support at $1,861.
● Sell high, buy low: Test a short if momentum weakens at $1,899 (stop-loss at $1,915); test a long after stabilization at $1,861 (stop-loss at $1,845).
● Breakout follow-through: Follow with a long if it firmly holds above $1,899 (target: $1,930); go short with the trend if it breaks below $1,861 effectively (target: $1,837).
● Note: Beware of cascading sell-offs triggered by a long squeeze. $BTC $ETH