Daily chart Bitcoin closes with a bullish candle near 78,100. Currently facing resistance at 78,500-79,000. After breaking above the 77,000 level earlier, it has now turned into a support level; Ethereum closes with a bullish candle near 2,370. The current resistance is at 2,400. After breaking above the 2,350-2,320 level earlier, it has now also turned into a support level.
On the 4-hour chart, Bitcoin retraced to support at 74,000, gathering strength to break new highs to 79,500. It is now facing resistance again, with short-term support at 77,000-76,000. The depth of the pullback needs to be observed step by step; only if it breaks below 74,000 is a deeper correction possible. Ethereum's movement is slightly different. After retracing to support at 2,250, it gathered strength to rise but failed to break the previous high at 2,460, only reaching 2,420 before starting to face resistance and fall back. Currently, short-term support is at 2,330-2,300. The depth of the correction also needs to be observed step by step; only if it breaks below 2,250-2,230 is a deep correction possible.
Trading ideas: The current market has risen to near the upper edge of the trend channel. It is recommended to continue short positions, and long positions should be gradually added based on support conditions!
Short Bitcoin at 78,000-78,500, target 77,000-76,000, stop-loss above 79,500; consider entering long at 76,000-76,500!
Short Ethereum at 2,360-2,380, target 2,300-2,250, stop-loss above 2,430; consider entering long at 2,280-2,300!
The strategy is time-sensitive; specific guidance will be provided privately in real-time!
#Gate13周年现场直击 #WCTC交易赛瓜分800万USDT #比特币反弹
On the 4-hour chart, Bitcoin retraced to support at 74,000, gathering strength to break new highs to 79,500. It is now facing resistance again, with short-term support at 77,000-76,000. The depth of the pullback needs to be observed step by step; only if it breaks below 74,000 is a deeper correction possible. Ethereum's movement is slightly different. After retracing to support at 2,250, it gathered strength to rise but failed to break the previous high at 2,460, only reaching 2,420 before starting to face resistance and fall back. Currently, short-term support is at 2,330-2,300. The depth of the correction also needs to be observed step by step; only if it breaks below 2,250-2,230 is a deep correction possible.
Trading ideas: The current market has risen to near the upper edge of the trend channel. It is recommended to continue short positions, and long positions should be gradually added based on support conditions!
Short Bitcoin at 78,000-78,500, target 77,000-76,000, stop-loss above 79,500; consider entering long at 76,000-76,500!
Short Ethereum at 2,360-2,380, target 2,300-2,250, stop-loss above 2,430; consider entering long at 2,280-2,300!
The strategy is time-sensitive; specific guidance will be provided privately in real-time!
#Gate13周年现场直击 #WCTC交易赛瓜分800万USDT #比特币反弹
