Bitcoin retraced to 78,700, found support and rebounded to 79,780; Ethereum found support at 2,233 and rebounded to 2,368;

From a technical perspective, U.S. stock NASDAQ, spot gold and silver, crude oil markets, and comprehensive analysis by Jingwen are provided:

Bitcoin: long positions above 78,750, Ethereum: long positions above 2,340, all profits taken and exited, offsetting losses from U.S. session long positions.

Currently, on the small cycle of Bitcoin, the bullish momentum at various levels is weakening again, with resistance at 80,000 showing signs of stagnation, key resistance at 80,500, and a top forming at 81,500;

Ethereum’s small cycle Bollinger bands are trending downward, moving average alignment is bearish, with resistance at 2,280 showing stagnation, key resistance at 2,300, and strong resistance near 2,350.

Today’s main trading strategy is primarily short with some long positions, focusing on the 20:30 initial jobless claims data!

Bitcoin suggestion: short around 80,000, add to short at 80,500, target 79,000–78,500;

Ethereum suggestion: short around 2,280, add to short at 2,305, target 2,240–2,220. Bitcoin retraced to 78,700, found support and rebounded to 79,780; Ethereum found support at 2,233 and rebounded to 2,368;

From a technical perspective, U.S. stock NASDAQ, spot gold and silver, crude oil markets, and comprehensive analysis by Jingwen are provided:

Bitcoin: long positions above 78,750, Ethereum: long positions above 2,340, all profits taken and exited, offsetting losses from U.S. session long positions.

Currently, on the small cycle of Bitcoin, the bullish momentum at various levels is weakening again, with resistance at 80,000 showing signs of stagnation, key resistance at 80,500, and a top forming at 81,500;

Ethereum’s small cycle Bollinger bands are trending downward, moving average alignment is bearish, with resistance at 2,280 showing stagnation, key resistance at 2,300, and strong resistance near 2,350.