Luck can only make one wave profit, cognition can make a year’s worth, and following the right people can make a bull-bear cycle profit! 2026, let go of anxiety, stop reckless moves, walk with the strong, and let time crown your wealth! Following the right people is about cognition, but also about perspective. Choosing the right companions, your path in the crypto world will have fewer thorns and more certainty. How to go up? How to fall down? On Saturday early morning, after the market rose to 78,300, it formed a sharp rise and fall, with continuous declines on Saturday and Sunday, showing strong bearish momentum. This morning, the decline continued, with the lowest dropping to 73,700. Ethereum formed a top and retreated from the high of 2,463, and has now broken below the initial rise level, dropping to 2,250. The trend has already shifted from bullish to bearish. I warned everyone in the live broadcast to short at the current price this morning. Currently, everyone is in floating profits; brothers, hold your shorts patiently, and wait for the bearish momentum to accelerate.


Based on the current market, the weekly chart shows a long upper shadow after a rise and close, indicating a need for weekly-level adjustment. The adjustment space at the weekly level is usually quite large. Technical structural adjustments and quick reversals after high-level profit-taking by bulls, combined with the daily and weekly closing lower, suggest a next step of weak correction this week. The daily chart shows two consecutive large bearish candles, indicating a shift from bullish to bearish. It is no longer within the scope of bullish correction. During continuous counter-trend operation, remember that a bearish trend is coming. On the 4-hour chart, a wave of unilateral weak decline has unfolded, retracing all gains, with bulls’ space completely buried. After the price broke below the middle band, bearish momentum accelerated and continued. Intraday, continue to hold the rebound as a short.
On Monday, you can directly short around 74,500-74,000 for Bitcoin, with targets at 73,000-72,500. The weekly swing short can target the 70,000 level.
Ethereum can be shorted directly at 2,280-2,270, with targets at 2,200-2,173-2,156. The swing short can target 2,100. $BTC $ETH
BTC-1.43%
ETH-2.52%
View Original
post-image
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
  • Pin