The four-hour chart shows a dip followed by a rebound and a rise, with the market returning to a range and oscillating repeatedly. Both bulls and bears lack sufficient momentum for continuation, and the repeated tug-of-war has been the main theme recently. Currently, the price is testing resistance levels after a rebound, and the short-term trend remains choppy and unpredictable, making it more challenging to judge key levels. Intraday, traders can flexibly adjust based on the hourly chart. From a daily perspective, attention should still be paid to potential highs and retracements after touching resistance levels. The overall intraday trend is likely to first attempt a rebound and test resistance, then pull back upon encountering resistance—that is, a pattern of rising first and falling later. Personally, I lean toward a final weak consolidation and decline.



Trading Suggestions
Shorts around 78,000–78,500 in Bitcoin, targeting a pullback to 77,000–76,500
Shorts near 2,160 in Ethereum, with targets at 2,100–2,080
View Original
[The user has shared his/her trading data. Go to the App to view more.]
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