BTC and ETH Intraday Market Analysis

In the early session, BTC rebounded to a high level and faced resistance. In the short term, it failed to break through the key resistance of 79,500. The market remains in a consolidation/sideways structure. You should watch whether 79,500 breaks to judge whether the bulls can continue. After ETH broke through 2,400, it fell into a period of adjustment. It is currently consolidating around 2,360, and the 2,400 level is under renewed pressure.

Within the day, BTC long positions have already exited with a profit of 1,000 points. Although the four-hour chart has broken the sideways range, the volume during the daytime was insufficient. The 79,500 resistance remains effective. The KDJ at high levels shows signs of a death cross. The price is short-term overbought, and a phased adjustment is expected to follow. Do not chase longs until 79,500 is broken; on rebounds, you can go short at higher levels.

Trading suggestions:
$BTC : Short directly around 78,000, target 77,000
$ETH : The 2,380 support has been broken—can short directly $SOL #WCTC交易王PK #