Daily K-line shows a long upper shadow and a bearish line, with an obvious top pattern, and it belongs to a double top structure. Currently, it is encountering resistance in breaking through and is in a pullback,



Look at the support below. Currently, on a small scale, it is oscillating in the 747-737 range, and as long as 72K does not break down, it is still possible to see higher highs (76K or 77K),

Breaking below 705 creates a lower low, confirming that this rebound has ended. As mentioned yesterday, the current rally is driven by futures contracts,

Spot CVD has been diverging all along. This kind of rally cannot last, and the subsequent downward move will be quite fierce. Do not chase longs at high levels,

Small-scale resistance is at 74.7K, 4-hour resistance is at 76K-77K,

Small-scale support is at 73.7K, 4-hour support is at 71.5K-70.5K#美军封锁霍尔木兹海峡 $BTC $ETH
BTC-1.72%
ETH-1.25%
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