From the current trend of Bitcoin, it has reached a support level of 108000, but has not continued to dip. On the technical side, the KDJ three lines have crossed upwards and formed a golden cross pattern, indicating that a rebound may occur in the short term.
However, observing the 1-hour candlestick chart, the price of Bitcoin has formed a trend of gradually declining, and the bearish trend has become quite obvious. The support levels below the market may be broken one by one. In summary, the short-term trading strategy should still focus on shorting at high levels, while closely monitoring the strength of the rebound.
Ethereum has once again shown a false breakout pattern, with the next key support level around 2750.
Small-cap coins are performing weakly, exhibiting a "following the dip but not the rise" characteristic. Therefore, in an upward market, a staggered profit-taking strategy should be considered to avoid missing profit opportunities due to excessive optimism. Currently, the market is overall in an adjustment phase, and investors should remain cautious and respond flexibly to market changes.
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From the current trend of Bitcoin, it has reached a support level of 108000, but has not continued to dip. On the technical side, the KDJ three lines have crossed upwards and formed a golden cross pattern, indicating that a rebound may occur in the short term.
However, observing the 1-hour candlestick chart, the price of Bitcoin has formed a trend of gradually declining, and the bearish trend has become quite obvious. The support levels below the market may be broken one by one. In summary, the short-term trading strategy should still focus on shorting at high levels, while closely monitoring the strength of the rebound.
Ethereum has once again shown a false breakout pattern, with the next key support level around 2750.
Small-cap coins are performing weakly, exhibiting a "following the dip but not the rise" characteristic. Therefore, in an upward market, a staggered profit-taking strategy should be considered to avoid missing profit opportunities due to excessive optimism. Currently, the market is overall in an adjustment phase, and investors should remain cautious and respond flexibly to market changes.