Today’s date is September 1. Currently, the market structure looks bullish.
From my own perspective, the intraday resistance near the upside is around 80,000. For short-term contracts, I prefer to buy on pullbacks; this is not the time to short yet. If the price moves quickly over the next few days, it may reach a range of 84,000 to 86,000. In the meantime, it’s possible that a short could be considered at 86,000 to 87,000—however, the main approach in the short term is still to buy on pullbacks and wait for the right level. On the downside, there are still two key support areas: 76,500, and 73,500 to 74,000.
So overall, in the near term, it’s better not to short unless the price rises into the 84,000 to 86,000 range, and then control your position size to take a short.
As for Ethereum, things are a bit unclear at the moment. Still, the strong resistance area above is around 2,550. Once the weekly chart opens above 2,550, that would indicate the market is about to take off.
#BTC走势分析 #ETH
From my own perspective, the intraday resistance near the upside is around 80,000. For short-term contracts, I prefer to buy on pullbacks; this is not the time to short yet. If the price moves quickly over the next few days, it may reach a range of 84,000 to 86,000. In the meantime, it’s possible that a short could be considered at 86,000 to 87,000—however, the main approach in the short term is still to buy on pullbacks and wait for the right level. On the downside, there are still two key support areas: 76,500, and 73,500 to 74,000.
So overall, in the near term, it’s better not to short unless the price rises into the 84,000 to 86,000 range, and then control your position size to take a short.
As for Ethereum, things are a bit unclear at the moment. Still, the strong resistance area above is around 2,550. Once the weekly chart opens above 2,550, that would indicate the market is about to take off.
#BTC走势分析 #ETH