Friday Midday Market Analysis

The 65,000 integer level is destined to be a double kill for both bulls and bears tonight. Hour-level moving averages are arranged in a bearish configuration. The MACD bearish crossover’s gap continues to widen, and the downtrend is clear. Below 65,000, a large number of long positions have piled up; the main force is sure to drive downward to liquidate these positions. The market is hard to call stable.

Above, 66,000–67,000 faces heavier resistance. In the short term, there is not enough upside momentum to push higher. The bears are firmly controlling the market right now, so price action is expected to primarily drive a sell-off against longs. Pullbacks are not being considered as a priority for the moment. Overseas policy developments are also influencing overall risk appetite. The market is clearly being pulled by macro clues—watch for the Friday tariff policy rollout, which will bring violent volatility.

BTC trading suggestion: Short around 65,300, add on at 66,000. Stop-loss above 67,000. Take-profit at 64,000–62,500.

ETH trading suggestion: Short around 1,900, add on at 1,950. Stop-loss above 2,000. Take-profit at 1,820–1,700.