The current market remains in a narrow range after a sharp decline, and the overall bearish trend has not changed. The bearish outlook from this morning is still valid. Friends who are following the rhythm can patiently hold their positions. The market is still moving sideways, with decreasing volatility. The 15-minute Bollinger Bands are closing in almost into a line, and the candlesticks are staying at low levels. The rebound has not even surpassed 77200 and 2140, indicating that the bulls' offensive strength is weak. The four-hour timeframe still shows a bearish arrangement, and the trend remains unchanged.



Keep an eye on the breakout signals and key levels. If Bitcoin volume stabilizes above 77200 and the 15-minute candle closes without falling back, and Ethereum also stabilizes above 2140, then adjust your strategy accordingly.
Until then, the outlook remains to continue shorting on rebounds:
Bitcoin short at 77000-77100 resistance, target 76600-76000;
Ethereum short at 2135-2140 resistance, target 2100-2080.
Set your stop-loss properly, do not hold oversized positions.
#TradFi交易分享挑战 $BTC $ETH
BTC-0.48%
ETH-0.4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned