Weekend casual chat

The past month has seen wild swings in market position, with frequent long and short entries over the past month. This wave has been highly profitable. Both bulls and bears can profit if they time their entries correctly. The biggest risk is both sides chasing at the same time and ending up with heavy losses.
There are no major updates on the US-Iran conflict over the weekend, and the situation remains relatively stable. The market has slightly bottomed out and is rebounding, with bulls and bears taking a break.
Currently, the 5-minute and 15-minute charts are in the midst of minor long/short battles as indicators are being repaired. The 1-hour chart has reached a critical point for bulls and bears; watch tonight and tomorrow for further movement. The 2-hour and 4-hour charts have temporarily ended a wave of one-sided sharp declines, aligning with the weekend liquidity reduction and indicator recovery needs.
BTC
Support: 65,500 / 63,500
Resistance: 69,000 / 70,825
In the current trend, support levels below are easy to test with spot trading, and resistance is quite weak. In March, prices broke through 70,825 multiple times to reach new highs. Therefore, regardless of whether the market is bullish or bearish, positioning around the upper and lower bands must wait for clear trends and signals. Simply waiting for specific levels can lead to being trapped. Although the current trend may recover, being caught in a position is definitely uncomfortable.
The 4-hour price channel has broken down, and the daily K-line's support trendline is around 65,500. Over the next two days, focus on the support strength at this level. It could break, but the key is whether there is a quick volume-price reversal.
ETH
Support: 1,885 / 1,815
Resistance: 2,150 / 2,225
The simple approach for ETH is similar to Bitcoin. Manage your positions well; there’s nothing to fear.
Trading advice: When spot opportunities arise, enter; for contracts, use the pullback over the next two days as a chance to add positions.
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