Bull and bear battles are fierce, and the market rhythm is gradually shifting toward oscillation under pressure. From a technical perspective, short-term traders should focus on the key support levels and the strength of bullish defense. Below is an analysis of the current core support and resistance levels:

📊 BTC: The tug-of-war at the 80,000 psychological level
BTC is currently oscillating around the integer level of 79,000 to 80,000. Although bulls attempted to push higher this week, the overall initiative is temporarily dominated by bears due to resistance from the key moving averages on the daily chart.

Core resistance zones:
80,000 - 80,500: Short-term psychological integer level. To reverse the correction trend, bulls need to establish consecutive daily closes here.
82,000 - 82,230: The strong resistance zone of the 200-day moving average (200-day MA). This level has been repeatedly blocked five times this month. Until a volume breakout occurs, any rebound should be viewed as a wide-range oscillation.

Core support zones:
79,000: This week’s dense trading area and the “bullish bottom line” after multiple bottoming and rebounding attempts. If this level is broken, the short-term downside space will open further.
76,500 - 77,000: The intersection of the daily upward trend support line and the previous starting point of the rally, representing a higher-level buy defense zone.

📉 ETH: Weak oscillation after moving average breakdown
ETH’s trend is clearly weaker than the broader market. It has broken below the dense zone of the 50-day and 200-day moving averages, currently in a retracement state following the market’s selling pressure.

Core resistance zones:
2,280 - 2,300: The concentration of chips near the weekly opening price. Bulls need to regain this level to effectively stop the bleeding.
2,335 - 2,375: The confluence of the 50-day and 200-day moving averages. With the 200-day MA showing signs of turning downward, technical pressure here is very strong.

Core support zones:
2,210 - 2,230: The short-term previous low on the 4-hour chart, also the last line of defense for intraday bullish funds.
2,150: The boundary of a deep liquidity vacuum zone on the daily chart. If 2,210 breaks, the market is likely to test the long-term support below.

💡 Lululu Trading Strategy:
Against the backdrop of rising US bond yields and macro expectations suppressing the market, short-term momentum is unlikely to break through upward in one go. More likely, the market will maintain a “resistance above with moving averages, supported below by funds,” grinding sideways. It is recommended to stay cautious, observe more, and act less. #btc #eth $ETH