Today’s Bitcoin and Altcoin Midday Strategy



Bitcoin
Short: 63,800–64,300, Target 62,500–63,000

Long: 62,500–63,000, Target 63,800–64,300

Altcoin
Short: 1,675–1,690, Target 1,600–1,620

Long: 1,640–1,650, Target 1,675–1,690

Bitcoin: The daily chart is still bearish, but the 4-hour rebound hasn't completed. Bitcoin is in a consolidation phase, both longs and shorts can be traded, the key is not to chase orders;
Altcoin: Much weaker than Bitcoin, with Bitcoin/Altcoin hitting a 10-month low, ETF continuous outflows. Slight long positions near 1,640 are possible, but only a short-term rebound, take profits when the move looks good. Altcoin rebounds are bearish, only short-term plays for longs, set proper stop-losses and wait for the trend. $BTC $ETH #我的Gate交易时刻
BTC0.13%
ETH-0.32%
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