Afternoon rebound to near resistance levels faced selling pressure and declined again, with the market returning to a low consolidation. From the 15-minute timeframe, the upward momentum has weakened, but the support zone below Bitcoin at 60,700-61,000 remains effective, and the short-term support is provided by the low point at 1615 below Ethereum. The market shows a typical pattern of decline followed by oscillatory correction, with both bulls and bears remaining cautious before the evening data is released. Before breaking the range, the market is likely to continue oscillating within the 60,700-61,800 and 1,610-1,640 zones.


In terms of trading, consider buying low and selling high around the upper and lower boundaries of the range, with light stop-losses, and quick in-and-out trades for short-term gains.
#Gate直通IPO认购SpaceX $BTC $ETH
BTC3.00%
ETH2.92%
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