Evening Thoughts


On the 4-hour timeframe, there have been two attempts to break above 82,800 that were unsuccessful, with a clear upper shadow indicating strong selling pressure above; meanwhile, the 80,500-80,700 zone has formed a short-term support, and during the pullback, it has not been effectively broken, with the head and shoulders support still holding. Currently, the K-line body is narrowing, and the tug-of-war between bulls and bears has entered a stalemate, which is a normal sign of a high-level accumulation phase.
Trading Suggestions:
Bitcoin around 80,500, target near 82,000
Ethereum around 2,300, target near 2,380
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