2.27 Morning


Yesterday, the big brother experienced prolonged high-level fluctuations, and as expected, it started to decline in the early hours, with the lowest dip below 66,500. The previously provided high-altitude strategy of 68,500–69,000 was successfully executed, capturing over 2,000 points of space. Currently, the price is consolidating around 67,500.

Looking at the four-hour chart, after encountering resistance at the 70,000 level during the previous rally, the price has been steadily declining. As the rebound momentum gradually weakens, the short-term rally has come to an end; meanwhile, both the MACD and KDJ indicators on the chart show bearish arrangements, indicating continued downward pressure in the short term. The daily outlook is initially bearish, waiting for a pullback to key support levels before considering long positions.

The big brother's support levels are around 67,800 and near 68,800, with a downside target of 66,000, and a break below that could see a further decline to 64,800.
The second brother's support levels are around 2,050 and near 5,100, with a downside target of 1,920, and a break below that could see a further decline to 1,880.
ETH-0.07%
GT6.41%
BTC0.25%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned