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Good weekend brothers, life and work are a continuous process of breaking through levels, and problems will always find you in one way or another;
These past two days, I’ve been putting a lot of energy into restoring the account to normal operation, it feels like a waste of time, but this is what life should look like!
BTC reached a high of 79,145 again early this morning, temporarily suppressed by the bottom trend line, without breaking through, so the probability of hitting a new high tonight to tomorrow morning actually decreases;
High-level oscillation anyway means you can't chase longs;
If you're short, observe how the momentum to push higher is?
If insufficient, consider shorting near the high or neckline, with a tight stop-loss;
These two days, TURTLE is a bit like the previous ZEREBRO, repeatedly pulling and hitting the first take-profit level multiple times, but not hitting the second, showing some suspicion of reshuffling!
If the position isn’t large, you can hold a bit more to see the effect!
BTC
Support 73,500 / 70,800
Resistance tentatively at 80,000
The key level right now is the first resistance at 79,000 given in the past few days—see if it can hold steady, or if it’s repeatedly suppressed and starts to decline on Monday?
Now it’s better to wait and see how the market chooses!
ETH
Support 2,175 / 2,055
Resistance tentatively at 2,403
The key levels now are around 2,225 and 2,300—actually a bit like last weekend, especially at the 2,300 level;
The trading suggestions for today and tomorrow do not constitute any investment basis:
Tonight, watch for a signal of shorting at the neckline around 79,000 if it pushes higher; if it breaks through strongly, don’t short;
Tomorrow morning, look for deep pin-like formations, double bottom patterns in the early session, or evening bottom divergence signals—if such movements form, they are all long opportunities;
If there’s a strong gap up and rally tomorrow, unless it stabilizes above 79,000, the bullish continuation will need the North American market to open tomorrow night to show signs!
Currently, the trend is a 5/15-minute battle between bulls and bears, with short covering in the 1-hour bullish trend, and the 2h/4h timeframes are slightly more bullish!
Overall, sentiment is still leaning bullish, but be cautious about chasing highs, and beware of big fluctuations every week that could break the trend!
$BTC $ETH
#WCTC交易王PK $LAB