Market Analysis: BTC weekly line and ETH monthly line resonate to show a medium-term bearish trend, while the short-term structure is a range-repair pattern. BTC box pressure at 65350 and the ETH monthly-line pressure at 1850 are the two key bearish contest zones. If BTC breaks below the 60800 support, ETH will likewise probe down toward the 1680 monthly-line support. In the near term, do not heavily bottom-fish BTC below 62000 or ETH below 1700; the risk of bottom-fishing is extremely high before the trend reverses.



Short-term Trading Suggestions: Short BTC around the 62800 rebound area, defend at 63800, target 61300-60800. If it breaks down, look toward 59850; if it does not break, go long.

ETH Trading Suggestions: Short ETH around the 1762 rebound area, defend at 1796, target 1700-1680. If it breaks down, look toward 1656; if it does not break, go long. (Strategy is for reference only.) #BTC #ETH
BTC-3.05%
ETH-3.76%
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