BTC & ETH Evening Forecast and Analysis



1. BTC Evening Trend Analysis

From the hourly chart, BTC surged intraday to 77,132.4, then formed a clear double-top reversal pattern, with bullish momentum rapidly diminishing. The price declined steadily to around 76,269.3, currently trading near 76,387.
Short-term moving averages have turned downward, and the price continues to operate below the intraday central zone, indicating very weak rebound strength and a typical "rebound is weak" pattern, with a clear bearish control signal.

Key price levels for the evening - Resistance above: first resistance 76,600-76,800 (intraday rebound high-density zone), strong resistance 77,000-77,200 (double-top neckline resistance, if unable to break through, bearish continuation).
- Support below: first support 76,000-75,800, strong support 75,300-75,000 (lower boundary of the previous consolidation platform, breaking below opens up deeper correction space).

Evening Trading Strategy:
The intraday high-to-low reversal structure has established a short-term correction trend. The evening rebound will mainly be a weak correction, providing an opportunity to pressure at 76,600-76,800. You can follow the trend to short, targeting the 76,000 support first, and if broken, look toward 75,300. If the rebound unexpectedly breaks above 77,000, caution is needed for a second bullish surge; for now, observe.

2. ETH

ETH's movement is highly synchronized with BTC. After surging to 2,296.24 intraday, it quickly retreated, with a low of 2,267.25, and the current price hovers around 2,276.
The hourly chart shows a clear descending channel, with rebound highs gradually decreasing. The price remains under pressure below 2,285-2,290, with bulls unable to rally strongly, showing a weak trend following BTC's correction.

Key price levels for the evening - Resistance above: first resistance 2,285-2,290 (intraday rebound high-density zone), strong resistance 2,295-2,300 (intraday high point resistance, if broken, the correction logic fails).
- Support below: first support 2,270-2,265, strong support 2,250-2,245 (lower boundary of the previous consolidation platform, breaking below accelerates the decline).

Evening Trading Strategy:
ETH will continue to follow BTC's correction rhythm tonight. The rebound should be pressured to short, with an opportunity to pressure at 2,285-2,290. You can follow the trend to short, targeting the 2,270 support first, and if broken, look toward 2,250. If ETH unexpectedly breaks above 2,295, it indicates bullish momentum has not fully faded, and short positions should be paused, waiting for new signals.
BTC-0.82%
ETH0.2%
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