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Hua Zai's Morning BTC and ETH Views:
Overall weak oscillation, the Federal Reserve's leadership change continues to suppress the market
Daily and 4-hour charts are all in a bearish arrangement, rebounds are all weak corrections, with no reversal signals
BTC faces strong resistance at 77,000-77,500, and can be shorted on rebounds that face resistance
ETH moves in tandem with Bitcoin, weakening together, with resistance at 2,310-2,330 difficult to hold
Short-term rebounds are weak, moving averages continue to press downward, and bearish momentum keeps building
BTC Trading Suggestions
Sell in batches at 76,500-76,300
Target
75,500-75,000
Set stop-loss properly, do not hold onto positions blindly
ETH Trading Suggestions
Sell in batches at 2,300-2,280
Target
2,220-2,200
Set stop-loss properly, do not hold onto positions blindly
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