Currently, the market data indicates that BTC and ETH are still in a correction cycle. Although the repair process over the weekend pushed the daily chart to produce three consecutive bullish candles, both the rebound magnitude and trading volumes are insufficient, and the trend's continuity is relatively weak. Switching to a 4-hour chart, the market is experiencing a continuous oscillation adjustment in a fragmented K shape. After an early morning rise, it formed a long upper wick and did not effectively break through the short-term oscillation trading range. Although the price center has moved up compared to the previous period, there has not been a clear signal of higher trade volumes for a breakout. Thus, it is determined that there is unlikely to be significant fluctuation space during the trading hours, and it is highly probable that it will maintain a small k-point range consolidation. The early trading can follow the current oscillation pattern to strategically lie in ambush for high short positions, with a focus on observing the key level breakout situation to adjust the operation rhythm. Currently, BTC has tested the 90,000 mark multiple times but has not been able to hold above it. Therefore, the current operation can use the 90,000 mark as a watershed. If it holds above 90,000, we can look to continue upwards towards 91,000, 91,500, 91,800, 92,500, 93,400, 93,800, and 94,500. If it fails to break out effectively, we will continue to attempt high shorts near the 90,000 mark.


Specific operational advice: Pay attention to the pressure situation at the upper levels of 90300-89500 and 89250-88800. If pressure occurs, you can directly attempt a short position, aiming for a space of 500-6000 points downwards. A substantial breakthrough above 90,000 can lead to a trend reversal.
#2025Gate年度账单 #成长值抽奖赢金条和精美周边
GT0.19%
BTC1.54%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)