The weekend market is testing people's patience. From the current market data, BTC continues the oscillating repair rhythm seen in the morning session. By the midday period, the long positions have shown signs of fatigue, making it difficult to push prices higher. The 118500 level provided support during yesterday's pullback, and now that it has completed a top-bottom conversion, it is reasonable for it to form strong resistance in the short term.



Combine hourly level K-line chart:
The bullish rebound trend in the morning has shifted to the current alternating adjustment pattern of ups and downs. What is particularly critical is that, alongside the price increase, the trading volume has shown a shrinking trend, which further supports our bearish judgment. Therefore, the trading strategy in the afternoon remains unchanged, continuing to implement a short-term short position strategy.

Operation Suggestions:
Short near BTC 118500, look for 117000.
Short near 3600, looking at 3510.
#ETH突破3600# #特朗普施压鲍威尔# #山寨季何时到来?#
BTC0.89%
ETH-3.01%
TRUMP-6.54%
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
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 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)