Daily chart: After consecutive down days, the price ratio has entered a phase of consolidation. Following continuous probes from the upper band and brief consolidation near the middle band, it continues moving lower, targeting the lower band. Current price action is in an adjustment phase within a weak structure, and short positions at high levels can continue to be held.
4-hour level: A wave of continuous decline has formed three consecutive down candles. Whether the subsequent short-term market shows oscillation or weak one-sided movement still depends on the suppression situation near the middle band. If the rebound is blocked near the secondary resistance at 68800, it will continue declining. With effective suppression, there is still room for further pullback and bottom exploration in the short term.
BTC longs pay attention to the 68800-69500 resistance; breakout targets 71000-71500. Before breaking 68800, rebound is limited; longs can take break-even at this level. Below the breakdown support, watch 66000-65000. Ethereum resistance 2090, breakout targets 2130-2150; before breaking resistance, rebounds are weak, longs stop loss at 2030, on breakdown watch 1950-1900. #Gate13周年全球庆典 #加密行情震荡 #黄金创43年来最大单周跌幅
Daily chart: After consecutive down days, the price ratio has entered a phase of consolidation. Following continuous probes from the upper band and brief consolidation near the middle band, it continues moving lower, targeting the lower band. Current price action is in an adjustment phase within a weak structure, and short positions at high levels can continue to be held.
4-hour level: A wave of continuous decline has formed three consecutive down candles. Whether the subsequent short-term market shows oscillation or weak one-sided movement still depends on the suppression situation near the middle band. If the rebound is blocked near the secondary resistance at 68800, it will continue declining. With effective suppression, there is still room for further pullback and bottom exploration in the short term.
BTC longs pay attention to the 68800-69500 resistance; breakout targets 71000-71500. Before breaking 68800, rebound is limited; longs can take break-even at this level. Below the breakdown support, watch 66000-65000.
Ethereum resistance 2090, breakout targets 2130-2150; before breaking resistance, rebounds are weak, longs stop loss at 2030, on breakdown watch 1950-1900. #Gate13周年全球庆典 #加密行情震荡 #黄金创43年来最大单周跌幅