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Thursday, Week 9, Awei Morning BTC/ETH Analysis
From the 4-hour timeframe, Bitcoin has already formed clear resistance around 72,000, with bullish momentum beginning to weaken and bears gradually taking control.
The current trend is quite clear: upward space is limited, and the rebound is more likely to present a shorting opportunity.
For trading, rely on resistance levels, mainly short positions.
BTC: Place multiple short orders around 71,700–72,300, targeting 69,700–70,300.
ETH: Short in batches around 2,230–2,250, targeting 2,100–2,130.
Manage your position size carefully, always set stop-losses, and avoid holding through heavy losses.
In this position, being cautious is more important than anything else.
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