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$BTC Night BTC-ETH Market Analysis
Good evening, brothers. After the overall market spent the weekend in two days of base consolidation, late tonight it started a small rebound. The big upside target for this wave of gains is around the highs from the past few days. As long as those highs can’t be broken, the price will still come down. Of course, there are also pressure levels between the recent lows and those highs; without positive news driving it, it won’t rush straight up that fast. But once BTC strongly breaks the recent highs on a daily (1D) timeframe and the pullback can’t hold below, then it marks the start of a new leg up. The key level—definitely keep an eye on it next week!
Night market analysis:
$BTC This rebound mainly depends on whether 648 can be strongly broken through and closed above. As long as the 4-hour (4H) timeframe can hold steady above this level, it means this high-and-then-fall move is over, and the market will slowly grind higher again. Then short in batches around these levels above: 66-674-695!
If the 4H timeframe can’t hold above 648, then it only shows that this small-timeframe bottoming rebound has more strength. If the key level can be held but it still can’t break upward, then the market will still pull back on the smaller timeframe. If you get the pullback, you can still go long near: 638-626-615!
$ETH At present, the 4H timeframe has already held above 1875, which suggests this bottom-rebound has decent strength. As long as the following pullback doesn’t break 1875, then on the small timeframe price will still move upward. Above, wait for your shorts near: 1910-1950-1990!
For the night pullback, only after 1875 is broken and the price can’t close back up will this bottom rebound start to weaken. Go long near: 1850-1815-1780!#Gate事件合约首发狂欢 #英特尔Q2营收创15年最快增速