From a technical structure perspective, the short-selling momentum continues, with no signs of stabilization or a bottoming out, indicating a typical downward continuation pattern.



Bitcoin's 24-hour decline is 1.20%, and the 4-hour timeframe remains weak, having broken below the previous consolidation platform last night, with the lowest touching 725. It is currently in a weak rebound phase but has not broken through the key resistance level.

Support level: 725-730 range (near recent lows; a break below could open up a larger downside space, targeting around the 70k mark)
Resistance level: 743-760 range (below the previous consolidation platform; a rebound here is likely to encounter resistance and fall back)

Ethereum's 24-hour decline is 0.82%, and the 4-hour downtrend is more smooth than Bitcoin's, with almost no significant rebound, the lowest touching 1963. It is currently in a weak counter-attack phase.

Support level: 1,960-1,980 range (near recent lows; a break below could target around 1,900)
Resistance level: 2,050-2,100 range (below the previous consolidation platform; a rebound here is likely to face #成长值抽奖赢金条 pressure)
BTC-6.7%
View Original
post-image
post-image
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