The overall trend of Bitcoin and Ethereum within the day is a high-level oscillation with a weak bias, with the market repeatedly testing higher levels but never effectively breaking through previous resistance. Bitcoin fluctuates around the 75,000 level, while Ethereum faces resistance near 2,380 and pulls back. Although there are rebounds within the consolidation, their sustainability is clearly insufficient. Combining the intraday consolidation rhythm, the strategy has always been to focus on short positions at high levels. During multiple failed attempts to push higher, short positions gradually realize profits, especially after the market sentiment weakens in the evening, leading to a rapid decline. Bitcoin's lowest point touches around 73,200, and Ethereum falls back to about 2,280, fully validating the bearish outlook. Overall, this day’s essence is a shift of the center of gravity downward within a high-level oscillation. Those who can truly profit are not the most active traders, but those who can maintain their rhythm amid repeated tests.



From the current consolidation structure, Bitcoin’s daily chart has entered a typical high-level stagnation zone. The market repeatedly tests above 75,000 but fails to break through effectively, indicating clear medium-term selling pressure in this area, with candlesticks gradually shifting from strength to weakness, and diminishing momentum. On the four-hour chart, the situation is more straightforward: highs are continuously declining, and the structure has shifted from sideways to downward oscillation. Although there was a rebound in the evening, it failed to break previous resistance and was rejected again near 74,800. This "rebound that cannot surpass high" essentially confirms the validity of the downtrend. On the one-hour chart, the current movement is more of a correction after a decline, without forming a new upward structure. Key levels remain: above 75,000-75,300 is the core resistance zone. As long as volume cannot stabilize above it, this area serves as the short-term defense for bears. Below, watch 74,200; if it is lost again, the downside space opens toward 73,500 or even lower. Ethereum’s trend is synchronized, with the larger cycle also in a rebound exhaustion phase. The four-hour highs are clearly moving lower, with resistance at 2,360-2,380 being effective. Support levels are at 2,320 and 2,280 in the short term. Overall, the current situation is not just a simple oscillation but a transitional phase downward. The direction is clear: continue to treat it as bearish, with rebounds still offering short opportunities rather than trend reversal signals. Going with the trend is more important than any subjective judgment. #美伊局势和谈与增兵博弈 $BTC
BTC1.11%
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Fujiko
· 4h ago
Just charge it 👊
View OriginalReply0
  • Pin