Yesterday afternoon, I shared a bearish trading idea. As I always say, when you precisely identify key trends and leverage to amplify momentum, wealth can grow rapidly. Yesterday, Ethereum gained 50 points.

Today, the Silk Road clearly identified 71,000–71,500 as the core resistance zone, and the market movement has consecutively validated this area twice with precise confirmation. In the first wave of the trend, after reaching 71,028, the price was suppressed by this resistance zone and directly pulled back, with the lowest point dropping to 70,375, successfully fulfilling the expected bearish correction logic. After the initial correction, the price launched another upward attack, reaching a high of 71,319 and once again entering the 71,000–71,500 resistance zone. Subsequently, it failed to break through further and instead entered a sideways consolidation at higher levels. Both attempts to break through within this zone were blocked, fully confirming the high effectiveness of the 71,000–71,500 resistance band. In the short term, selling pressure is clearly evident, and the battle between bulls and bears continues to revolve around this area. The next move is in our own hands.

3.25 Afternoon BTC Market Prediction Analysis 🚀 BTC Current Situation: Price oscillating around 70600, slight pullback after previous rallies, support level at 69700-69900 zone, resistance level at 71400-71600 range. Long/Short Strategies: - Long: Entry possible on pullback to 70100-70300 zone if stabilized, target first at 70900-71100, look at 71500-71700 after breakout, stop loss below 69600. - Short: Light short position possible if rebound to 71400-71600 faces resistance, target first at 70600-70400, look at 69800-69600 on breakdown, stop loss above 71800. Core Logic: Short-term in wide-range oscillation pattern, both longs and shorts have considerable profit potential, focus on whether 69700 support and 71600 resistance are broken, capitalize on wave profits following the trend. ETH Current Situation: Price hovering near 2155, movement correlated with BTC maintaining oscillation, support level at 2120-2130 zone, resistance level at 2195-2205 range. Long/Short Strategies: - Long: Entry possible on pullback to 2135-2145 zone if stabilized, target first at 2175-2185, look at 2200-2210 after breakout, stop loss below 2115. - Short: Light short position possible if rebound to 2195-2205 faces resistance, target first at 2155-2145, look at 2125-2115 on breakdown, stop loss above 2220. Core Logic: Closely following BTC trend movements, oscillation range clear, both long and short positions have sufficient profit space, hold key support and resistance levels, capture steady wave opportunities. ⚠️ Risk Disclaimer: The cryptocurrency market is highly volatile. The above analysis is for reference only and does not constitute investment advice. Trading requires strict position control and stop loss management. #Gate正式接入Polymarket #贵金属领涨 #加密市场回涨