Sunday Market Brief Analysis



The overall trend during the night was a consolidation phase, with Ethereum showing clear signs of long liquidation, while Bitcoin remained relatively resistant to decline with limited volatility. It was previously mentioned that Ethereum has obvious signs of weakening, but due to continuous capital support below Bitcoin, Ethereum's space is limited, and it can only repeatedly tug and fluctuate up and down, making it difficult to form a clear trend.

The current market is gradually approaching a turning point. Based on the rhythm, it is more likely to first push up and then turn weaker. The key area to watch above is the 80,500–82,000 range, which is most likely to complete the final surge in the form of a spike, marking the end of this rebound.

Support levels below are still clear, with key positions at 77,000, 76,500, and 76,300. Until these supports are effectively broken, the short-term outlook can still maintain a view of retesting the upside, and participating in the trend accordingly.

Overall strategy: Do not chase longs at high levels, look for support at low levels to rebound, and patiently wait for a reversal signal after the surge (pay close attention when the positive trend shows signs of stagnation with a bearish divergence).
BTC0,52%
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LuoYiAndHisBigBosses
· 7h ago
🌍yhn
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