📊 05-08 07:50 Friday Market Analysis



📌【Overall Market Analysis】
🔸 15 minutes: Short-term direction unclear, consolidating sideways, price near resistance level
🔸 1 hour: Medium to short-term trend slightly weak
🔸 Daily chart: Major trend bearish
🔸 BTC reference: Bitcoin daily trend slightly strong, has a positive impact on Ethereum
📋 Overall: All timeframes are bearish, suitable for rebound shorting mainly

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📌【Today’s Trading Strategy】
✅ ETH current price 2293.08
📉 【Short】
Entry: around 2293.8
Stop loss: 2337.3
Take profit: 2280.6→2280.6
📈 【Long】
Entry: around 2280.6
Stop loss: 2257.8
Take profit: 2293.8

✅ BTC 80032
Bitcoin trend is slightly strong, can go long on dips

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⚠️【Risk Reminder】
📐 Price is near lows, be cautious about shorting, wait for a rebound to enter more safely
⚖️ Major trend bearish but short-term rebound happening, don’t rush to chase, wait for rebound to end before entering
📌 Whether going long or short, always set a stop loss, don’t hold onto positions blindly
BTC0.11%
ETH-0.63%
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