Midnight BTC/ETH Market Outlook:
As the interest rate hike has been digested, the market has not gone into a deep pullback. Since the retracement from 74,900, the overall trend has shown a choppy upward movement— a small rising channel is currently forming. For long positions, you can continue holding. Whether it’s a BTC long at 76,000 today, or a long at 75,000 in the early hours, or an ETH long entered at 2,370—all of these should continue to look upward toward 77,500-78,500-80,000. Resistance is at 2,500-2,550-2,600. Look for entries in batches!
On the BTC hourly chart, the price has been pressing up against the upper band, widening upward. On the 4-hour timeframe, the price rebounds and tests, but is suppressed by the middle band. Near 75,000 below, a double-bottom with two needle-like probes has formed. There have been 6 consecutive 4-hour bullish candles rebounding upward, and MACD bullish momentum and volume expansion are continuing.
Do not chase the price. Rely on support below, and primarily look for going long on dips. Pay attention to support at 76,000 and 75,000 below. Enter longs around these levels. For the rebound, watch the resistance zone at 77,500-78,500-80,000.
For ETH, watch support at 2,420 and 2,370 below, and look to go long around these areas. For rebounds, watch resistance at 2,500-2,550-2,600.#比特币突破77000美元 $BTC
As the interest rate hike has been digested, the market has not gone into a deep pullback. Since the retracement from 74,900, the overall trend has shown a choppy upward movement— a small rising channel is currently forming. For long positions, you can continue holding. Whether it’s a BTC long at 76,000 today, or a long at 75,000 in the early hours, or an ETH long entered at 2,370—all of these should continue to look upward toward 77,500-78,500-80,000. Resistance is at 2,500-2,550-2,600. Look for entries in batches!
On the BTC hourly chart, the price has been pressing up against the upper band, widening upward. On the 4-hour timeframe, the price rebounds and tests, but is suppressed by the middle band. Near 75,000 below, a double-bottom with two needle-like probes has formed. There have been 6 consecutive 4-hour bullish candles rebounding upward, and MACD bullish momentum and volume expansion are continuing.
Do not chase the price. Rely on support below, and primarily look for going long on dips. Pay attention to support at 76,000 and 75,000 below. Enter longs around these levels. For the rebound, watch the resistance zone at 77,500-78,500-80,000.
For ETH, watch support at 2,420 and 2,370 below, and look to go long around these areas. For rebounds, watch resistance at 2,500-2,550-2,600.#比特币突破77000美元 $BTC
