Evening BTC/ETH Market Analysis and Trading Recommendations



ETH: The intraday upward trend has taken on a stepwise pattern, rising from around 2251 to 2312, with a maximum increase of over 2.7%. The current quote is 2307.42. The movement has broken through the intraday consolidation range, with bullish momentum being fully released, but after a slight pullback at the end of the session, there is a short-term need for a correction and recovery.
BTC: Moving in sync with ETH, it started rising from a low of 76169, reaching a high of 78170, with an increase of nearly 2.6%. The current quote is 78055.5. The price broke through the previous consolidation platform, creating a new intraday high, but the volume at high levels is insufficient, indicating technical pullback pressure.

Trading Recommendations:

(1) BTC
- Key resistance above: 78300-78500 zone (intraday high + double resistance at integer levels)
- Key support below: 77500-77300 zone (previous platform top + short-term moving average support)
- Focus on short positions: When rebounding to the 78200-78400 zone and facing resistance, consider gradually opening short positions, targeting 76800-77400, with a stop loss above 79000.
- Supplementary long positions: When pulling back to stabilize around 77200-77500, consider light long positions, targeting 78000-78300, with a stop loss below 77000.

(2) ETH
- Key resistance above: 2315-2320 zone (intraday high + trendline resistance)
- Key support below: 2280-2275 zone (previous consolidation top + short-term moving average support)
- Focus on short positions: When rebounding to the 2310-2318 zone and facing resistance, consider gradually opening short positions, targeting 2285-2275, with a stop loss above 2330.
- Supplementary long positions: When pulling back to stabilize around 2275-2280, consider light long positions, targeting 2305-2315, with a stop loss below 2265.
BTC2.27%
ETH1.48%
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