$BTC $ETH ‌ Current market analysis ideas for Bitcoin and Ethereum



1. Let's talk about $ETH first. This morning's movement was truly beyond expectations, directly forming a double top and hitting the 1800 level. Yesterday, I had already predicted that the market would have a second rise and reminded everyone to set sell take-profit orders in advance. Today, after the surge, almost all orders were successfully executed, perfectly selling the top and locking in profits! Many people are now asking, after the surge and pullback, where should we re-enter positions?

2. ETH's key support levels are clearly defined: the strong support zone is above the 1710 level, and the short-term minor support is around 1750. Looking at the overall chart, around 1720 is a highly cost-effective area to go long. The support here is solid. Even for futures short-term bounces, the risk-reward ratio and win rate are quite favorable. I will closely monitor this zone and enter directly when the price reaches it.

3. Now look at $BTC. Yesterday, I clearly marked the key resistance level at around 63.7k. This morning, the market reached that level as expected and then faced pressure and pulled back. Friends who followed the idea and opened short positions have steadily taken profits from this pullback. As for short-term bounce long positions, there is no rush to set them up for now. The current upward cycle has seen excessive gains, and there is room for a deeper correction. I will only reconsider entering long positions when the price falls back to the 61.7k – 62k range.

4. Whether it's buying the dips at lows or taking profits and selling the top at highs, we have perfectly grasped the entire rhythm. After selling the top on the surge, we can also go short in the opposite direction, and then re-enter positions at low points during the pullback — a complete set of operations executed smoothly. Most traders can only trade in one direction once per market move and are prone to missing out or incurring losses. However, we can rely on precise key levels to repeatedly operate 3-4 rounds. Every level judgment is practical experience accumulated over years of live trading.
BTC1.38%
ETH1.03%
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