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Tuesday afternoon, Jingtiao’s trading outlook
The big coin surged to 65,600 and then quickly pulled back, closing with a large bearish candle. The 4-hour KDJ has turned downward into low territory; the MACD formed a dead cross and the green histogram is expanding, indicating that bearish momentum is being released. Price has broken through short-term support, so the market is weak in the short term.
Resistance: 64,5-64,8
Support: 63,0; 62,2
Plan: Focus on rebounding and selling at higher levels. Test the resistance area on the rebound to place short orders; only if the pullback to 63,000 holds steady should you take a small long position as a light bet.
ETH has dropped sharply from 1,977, with a larger decline. The 4-hour KDJ is already oversold and heading downward; the MACD has formed a dead cross and flipped to green, with bears in control.
Resistance: 1,910-1,930
Support: 1,865; 1,820
Plan: Prioritize rebounding to sell short—set up shorts by placing orders around the resistance zones on the rebound. If support holds steady, only consider a small, short-term long position; don’t bottom-fish.
On the 4-hour timeframe, the bears have the upper hand—don’t chase the selloff. Wait for the rebound to set up positions, with strict stop-losses and position sizing control.