Over the weekend, we talked about BTC’s weekly K655 and ETH’s weekly K1850, both under pressure—watching for a pullback. Now BTC at 62,000 and ETH at 1,750 have both arrived.



It’s again at a familiar spot—the same old playbook. In a strong uptrend, BTC starts rising from 61,300–61,800, and ETH starts rising from 1,730–1,750.

The order flow looks a bit weak. If, on the weekly level, it takes a “binary” move, it could reach 58K–59K. This is the ideal area to add more longs here. But when adding longs, we don’t want to be too aggressive.

Add longs at BTC 58K–59K, and add longs at ETH 1,600–1,650.
BTC-1.98%
ETH-3.19%
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