On the daily level, Bitcoin’s closing shows a bullish K near 75,800. The current resistance is around 77,000, and the support is in the 74,000-73,500 area. Ethereum’s closing shows a bullish K near 2,310. The current resistance is in the 2,330-2,350 area, and the support is in the 2,250-2,230 area. Overall, the trend is consistent with the current upward trend channel;



On the 4-hour level, Bitcoin is under pressure and has pulled back to the 78,000 area after breaking the previous high. Currently, it is retesting support at 73,500-74,000. For the short term, resistance is still at 78,000. If it breaks upward, it is looking at 79,000-80,000. Support is at 75,000-73,500. If it breaks down, it is looking at 70,500-70,000. Ethereum broke the previous high and then faced resistance around 2,450, and is pulling back; it is retesting support around 2,250. For the short term, resistance is at 2,350-2,380. If it breaks upward, it is looking at 2,450-2,500. Support is at 2,300-2,250. If it breaks down, it is looking at 2,180-2,150;

Trading idea: The market is currently in a pressure-and-pullback phase. It is recommended to place short orders near the resistance levels!

Short Bitcoin at 76,500-77,000, target 75,000-73,500. Stop-loss above 78,000;

Short Ethereum at 2,340-2,360, target 2,280-2,230. Stop-loss above 2,400;

The strategy is time-sensitive; specific guidance is subject to private real-time direction! #GatePreIPOs首发SpaceX #Gate13周年现场直击 #加密市场小幅下跌
BTC1.47%
ETH0.96%
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