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BTC.ETH. Overnight Market Analysis


Good evening, guys. The pump momentum is quite strong tonight. The daily candlestick has broken through resistance and support. It remains to be seen if the daily candlestick can hold at 67800 in the morning. Currently, the 4-hour chart has not held, so it is uncertain whether it can break through the pump again. Therefore, we can only look for a rebound. It is not recommended to open long positions. Pay attention to the resistance levels of 68400 and 69000 during the rebound at night. There are short positions near these two levels. On a smaller time frame, pay attention to the support level below, if it falls below 673350. The hourly chart is starting to pullback and will test the 4-hour support at 67000. As long as the 4-hour candlestick doesn't close below 67000, we will look for a rebound on the 4-hour chart. This position can be long or short. If the candlestick closes below 67000, it means the rebound is over and there will be a pullback on the daily candlestick chart, with a short-term pump losing momentum and potentially retesting the 64500 area. It's also possible to retest 67000 and continue the rebound. So, this position can be long or short. Keep an eye on it if you're watching, but don't make any hasty decisions.
Determine the direction:
Wait for tomorrow morning at 8 o'clock, the daily candlestick closes at 67800. Then it will push towards the major level of 70000. If the daily candlestick does not close above, it will continue to pullback,
ETH
Auntie has nothing good to analyze, it's too rubbish, it can't reach 2550 in four hours. No need to consider going long, just short on the Rebound, pay attention to the support below at night: 2483.2447 #BTC#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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