BTC dips to a low and then rebounds, completing a repair rebound; the current price is ranging and trading in the 65,200 area.


On a daily timeframe, it remains a high-level choppy but slightly bullish pattern; however, sustained upward momentum is gradually weakening. The 4-hour rebound trend structure has not yet been broken; the key overhead pressure zone is 65,800. After spiking higher, it has entered a consolidation phase at elevated levels; in the short term, it has expectations of a pullback and adjustment.

From an execution perspective, do not blindly chase pumps. For the next move, wait for the rebound to reach the pressure zone before setting up high entries:
If BTC’s rebound touches the 65,800—66,300 area, you can short, with targets sequentially at 64,500 and 63,800.
If the key support below at 64,500—63,800 holds, you can go long again and look for an upside push to challenge the prior high at 66,900—67,800.

ETH follows BTC in sync. Wait for the rebound to form in the 1,980—2,010 range to set up short positions, with downside targets at 1,910—1,850.
If support at 1,910—1,850 proves effective and stabilizes, then go long again to challenge the prior high around 2,050.#直通IPO第二期JerseyMikes $BTC $ETH
BTC0.57%
ETH3.00%
View Original
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