1. Overall Market for BTC: approximately 74,350–74,500, 24h -1.9% roughly, narrow-range weak consolidation. ETH: approximately 2,015–2,025, 24h -2.3%, moving in tandem with Bitcoin's weakness. Market sentiment: mainstream coins broadly decline, altcoins show divergence; institutional spot buying diminishes marginally, short-term bias remains bearish.


2. BTC Price Levels and Trend Analysis
1. Current Price and Range
Current: around 74,400 (09:50)
Intraday fluctuation: 74,200–76,200
2. Key Support (from strong to weak)
74,000–74,200: morning low, initial strong support
73,000–73,500: important support zone on the daily chart
72,000: bullish psychological line, a break below indicates deep correction
3. Key Resistance (from near to far)
75,000–75,200: first rebound resistance
76,000–76,500: yesterday’s upper bound of fluctuation, strong resistance
77,000: short-term bull-bear dividing line, only above can turn bullish
4. Technical Conclusion
Daily chart: short-term moving averages are in a bearish alignment, MACD green bars expanding, bearish.
4-hour chart: clear downward channel, rebound with no volume, weak oscillation.
Morning strategy: bearish below 75,000; if below 74,000, look towards 73,000; if above 75,200, watch for rebound.
3. ETH Price Levels and Trend Analysis
1. Current Price and Linkage
around 2,020, more sensitive to BTC’s correction.
2. Key Support
2,000–2,020: morning low, strong support
1,950–1,980: daily support zone
1,900: important psychological level
3. Key Resistance
2,050–2,070: first rebound resistance
2,100–2,120: yesterday’s upper fluctuation zone
4. Technical Conclusion
Daily chart: bearish structure, ETH/BTC weak, DeFi capital outflow.
Morning strategy: bearish below 2,050; if below 2,000, watch for 1,950; if above 2,070, look for rebound.
4. Morning Trading Ideas
BTC:
Bear: short in the range 74,800–75,200, staggered short, stop loss at 75,800, target 73,800–73,200.
Bull: consider if stable at 73,000–73,500, stop loss at 72,500.
ETH:
Bear: short at 2,050–2,070, stop loss at 2,120, target 1,980–1,950.
Bull: wait for stabilization around 1,950 before participating.
Risk control: high volatility in the morning, mainly light positions, avoid chasing highs.
Monitor trading volume between 12:00–14:00 to determine the afternoon trend. #Gate预测市场升级聪明钱追踪
BTC-0.07%
ETH-0.58%
GT1.7%
View Original
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
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned