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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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From the daily K-line structure, BTC shows a bearish candle with shrinking volume and an upper wick. The upper pressure levels to follow are around 115500, 116500, and 117500; while the lower support levels to note are around 113800, 113000, 112200, and 111800.
In the short term, the bullish increment on the 4-hour level has reached the upper boundary and is under pressure, while the hourly line shows a bearish increment, recording two consecutive bearish candles with upper wicks. The current pressure remains at the 116000 level above — if it breaks and stabilizes, consider going long; otherwise, maintain a bearish outlook.
Operation suggestion:
BTC rebounds to around 115000-115500 can set up short positions, targeting the 114100-113300 range.
Auntie is shorting around 3730-3760 on the rebound, looking down at the 3650-3550 range.