Monday Morning Jingyi Trading Strategy Analysis



Happy Monday, everyone. Major market moves are coming soon! Seizing opportunities in time is also a skill. BTC surged then pulled back, the hourly chart closed with a large bearish candle, short-term bullish momentum is weakening, Bitcoin is weakening, and ETH's decline is more elastic than BTC.

KDJ three lines turning downward from high levels, J value dropping sharply, short-term entering a weak correction phase: hourly correction confirmed, not rushing to buy the dip for a rebound, mainly observing; rebound resistance at moving averages can be lightly followed, breaking below the intraday low suggests a deeper correction; if BTC stabilizes, ETH's decline will narrow, if BTC breaks down, ETH will accelerate downward.

Key Support & Resistance Levels
BTC
Short-term resistance: 78,120, 78,564 (intraday high)
Short-term support: 77,675 (intraday low), strong support near 77,300

ETH
Short-term resistance: 2,183, 2,197.63 (intraday high)
Short-term support: 2,166.66 (intraday low), key defense level at 2,150

Trading Suggestions
BTC rebound in the 78,100-79,000 range, shorting. Targets lower at 75,800 and 77,300

ETH rebound in the 2,182-2,200 range, shorting. Targets lower at 2,150 and 2,100

#Gate广场五月交易分享 $BTC $ETH
BTC-1.28%
ETH-2.57%
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