Target 84735! Above is the stars and the sea—don’t be afraid. Keep the boat steady, raise the sails, and set off!!!
For BTC and ETH in the 4H timeframe, liquidity is still somewhat excessive. The main idea remains: pullbacks to add positions. Both sides this time pushed higher with increased volume, but the close rolled over, and sell orders near the previous high have already appeared. The bulls’ repair is still ongoing; right now it’s more suitable to wait for pullback support and continuation—chasing rallies is likely to encounter chop and repeats at high levels.
The latest BTC candle surged to 82088. After breaking above 81930, it pulled back and closed at 81409.9, slipping back into the old high range of 81266.4—81520. Volume was 1.73 times the average of the previous 20 candles. Together with the high-then-close-down action, this volume spike shows that the previous high was heavily contested—the sell pressure met the upward push and acted as a suppression. The basis for a slightly bullish support view is that the close remained above the EMA20 and EMA50, and the two lines are still in a bullish alignment.
During the session, price has already reclaimed 81520; here it turns into an area of contention beneath your feet. A full 4H close still fell below the upper edge of the zone. On the upside, look first at 81930—82279.9; the major swing high and the sell pressure from this surge are concentrated in this area. The earlier post’s 84000 is kept as a distant target—deal with this pressure zone first.
For BTC, the main area to observe for adding longs remains 79387.8—79603.1. This is where the historical highs and the prior repeatedly rejected spots are clustered. Wait for price to come back and observe the support/acceptance. Around 80549.7, you can track the repair—otherwise, the main “add long” area stays in the original position.
For ETH, the repair after reclaiming 2615 is continuing, and it also stays mildly bullish. This time it surged with volume to 2709.91, but the close fell back below 2667.35—2672.54. The volume ratio reached 2.14x, and the sell pressure near the previous high is clearer than on the prior candle. The main opportunity is still the pullback support/consolidation at 2523—2549.34. For the rebound, first address the sell pressure in the 2667.35—2672.54 area.
$BTC $ETH
For BTC and ETH in the 4H timeframe, liquidity is still somewhat excessive. The main idea remains: pullbacks to add positions. Both sides this time pushed higher with increased volume, but the close rolled over, and sell orders near the previous high have already appeared. The bulls’ repair is still ongoing; right now it’s more suitable to wait for pullback support and continuation—chasing rallies is likely to encounter chop and repeats at high levels.
The latest BTC candle surged to 82088. After breaking above 81930, it pulled back and closed at 81409.9, slipping back into the old high range of 81266.4—81520. Volume was 1.73 times the average of the previous 20 candles. Together with the high-then-close-down action, this volume spike shows that the previous high was heavily contested—the sell pressure met the upward push and acted as a suppression. The basis for a slightly bullish support view is that the close remained above the EMA20 and EMA50, and the two lines are still in a bullish alignment.
During the session, price has already reclaimed 81520; here it turns into an area of contention beneath your feet. A full 4H close still fell below the upper edge of the zone. On the upside, look first at 81930—82279.9; the major swing high and the sell pressure from this surge are concentrated in this area. The earlier post’s 84000 is kept as a distant target—deal with this pressure zone first.
For BTC, the main area to observe for adding longs remains 79387.8—79603.1. This is where the historical highs and the prior repeatedly rejected spots are clustered. Wait for price to come back and observe the support/acceptance. Around 80549.7, you can track the repair—otherwise, the main “add long” area stays in the original position.
For ETH, the repair after reclaiming 2615 is continuing, and it also stays mildly bullish. This time it surged with volume to 2709.91, but the close fell back below 2667.35—2672.54. The volume ratio reached 2.14x, and the sell pressure near the previous high is clearer than on the prior candle. The main opportunity is still the pullback support/consolidation at 2523—2549.34. For the rebound, first address the sell pressure in the 2667.35—2672.54 area.
$BTC $ETH
