Intraday bullish outlook continues to be validated.



BTC is continuing to surge from around 61000. It’s already nearing the 62000 resistance zone. The previously given 62300 target is only one step away. ETH is stronger—its bullish target is 1675, and it has already surged above 1700. The strength is clearly greater than BTC.

BTC is now close to the 62000–62300 resistance zone, so a short-term pullback and shakeout is likely. Going forward, the key focus is on the 61600–61100 range.

As long as this level holds and does not break, it indicates BTC’s short-term structure is still intact. Place the stop loss at 60700, and watch for the upside target at 63500.

ETH has already broken above 1675, and its short-term strength is even more obvious. However, above 1700, the next key focus is the 1690–1675 range. As long as this level holds, ETH can continue to show strong recovery. Place the stop loss at 1660, and watch for the upside target at 1740.

Since we missed the optimal entry point earlier, we will now patiently wait for a pullback to the key level before testing with a small position.
BTC3.14%
ETH5.33%
View Original
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