The recent rhythm has been a steady upward oscillation after stabilizing around 63,000, with a stepwise rebound. The pace is stable and not a one-sided surge. Although it is approaching the 72,000 mark again and may test a break in the short term, it is unlikely to trigger a new trend. The four-hour timeframe shows continuous upward movement, but the OBV volume has not kept pace, indicating a price increase without strong volume. There is still a risk of pullback when encountering strong resistance.
Wednesday evening trading suggestions:
- Short around 71,800-72,500 for Bitcoin, with short-term targets at 68,000, and if broken, then 66,000;
- Short around 2,090-2,130 for Ethereum, with short-term targets at 1,960, and if broken, then 1,880.
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The recent rhythm has been a steady upward oscillation after stabilizing around 63,000, with a stepwise rebound. The pace is stable and not a one-sided surge. Although it is approaching the 72,000 mark again and may test a break in the short term, it is unlikely to trigger a new trend. The four-hour timeframe shows continuous upward movement, but the OBV volume has not kept pace, indicating a price increase without strong volume. There is still a risk of pullback when encountering strong resistance.
Wednesday evening trading suggestions:
- Short around 71,800-72,500 for Bitcoin, with short-term targets at 68,000, and if broken, then 66,000;
- Short around 2,090-2,130 for Ethereum, with short-term targets at 1,960, and if broken, then 1,880.