Hello everyone, I am Acheng ETH. This is my ninth year of trading, and I want to share my trading ideas for today.

BTC is currently consolidating with decreasing volume around the 70,900 level, with a slightly weak trend. The daily chart shows unresolved bearish divergence, MACD is approaching a death cross, and RSI is drifting downward. Resistance is located between 72,000 and 72,600, with the first support at 70,500; if broken, look toward around 68,800. The 4-hour chart maintains a downward channel, while the hourly chart shows oscillation and correction, with an intra-day bias toward rebound and resistance at higher levels, with short-term long positions at lower levels.

Bitcoin reference ideas

· Short positions: Enter around 71,400-72,000, with a stop above 72,700, targeting first 71,200-70,500, and if broken, extending to 68,800.
· Long positions: Attempt around 70,500-70,800, reserving room to add at 69,000, with a stop loss of 700 points, and a rebound target of 71,400-72,000.

Ethereum reference ideas

· Short positions: Enter around 2,220-2,240, with a stop loss above 2,260, targeting 2,180-2,160, and if broken downward, look toward 2,100.
· Long positions: Try at 2,150-2,175, reserving to add at 2,100, with a 30-point stop loss, and a target of 2,200-2,225.

#霍尔木兹 $BTC $ETH