From the perspective of the hourly BTC Candlestick pattern, its descending channel remains intact. After the peak of 108300 dollars, each Rebound has formed progressively lower peaks, showing an overall trend of oscillating downwards. Observing the technical indicators on the 4-hour level, the bearish momentum bars of the MACD continue to expand, releasing a clearer downward signal. Therefore, those holding the short order at 108300 may consider continuing to hold and observe, and it is recommended to set up short orders during rallies.



In terms of specific operations for BTC, the key resistance levels are concentrated in the range of 107500-108500-109500. Opportunities to enter short orders can be sought near this area, with target prices successively looking at 106500, 105000, and 103500.

Regarding ETH, the price faces strong resistance at 2465-2500-2540, making it suitable to set up short positions in this range, with expected downside targets of 2420, 2380, and 2320.

It is important to note that the current market volatility is limited, with both long and short positions in a tug-of-war state, causing repeated fluctuations in the market. Operate flexibly according to your own risk preference: those with a lower risk tolerance may choose to enter and exit quickly to lock in profits in a timely manner; those with a higher risk tolerance may adopt a strategy of gradually reducing their holdings to seize greater profit potential. It is essential to strictly control your position and manage risks effectively. The above views are for reference only, and trading decisions should also be based on your own judgment and rational operation.
BTC1,37%
ETH1,83%
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