Bitcoin 4-hour direct volume surge with a large bearish engulfing candle, at this point many people are eager to jump in after missing out! But they also feel it's fallen too much, so they often feel at a loss, wanting to go long directly to catch the rebound. This kind of thinking is just asking for death! Currently, the bears are extremely strong, in an invincible state, and can only look for good entry points or even chase the short at the current price. They have no idea how they will be buried if they go long! Repeating once more, BTC 4-hour top divergence is present, now with a moving average death cross plus a bearish engulfing candle, the market continues to drop down to 66,000, which is normal. Don’t try to make a small profit and end up losing everything!


Upper resistance levels: 76,600, 77,400
For short positions, consider partial profit-taking at support levels to preserve gains
Lower support levels: 75,100, 74,300, 73,800
Ethereum with volume and a bearish candle dropping, MACD attempting a bullish crossover but failing, the market remains dominated by bears. The 4-hour major top has officially formed, bearish attack power is off the charts, tonight is destined to be bloodshed, only joining the bears can secure a position!
Upper resistance levels: 2,310, 2,350
At major support levels, consider reducing positions partially to lock in profits
Lower support levels: 2,260, 2,210
$BTC $ETH
BTC-0.48%
ETH-1.4%
View Original
post-image
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