Today BTC, ETH — I’m still leaning toward an upside move.
First is BTC.
BTC is currently entering a very important zone.
After the previous breakout, price is ranging around 86K; above that, I’m focusing on the resistance area 87K–88K.
If BTC continues to break out with good volume → the market may start moving toward 90K–92K.
Right now, many analyses are also viewing 90K as an important test of this uptrend.
So I don’t want to assume the top immediately just because BTC has already moved up quite a bit.
The stronger the market, the easier it is to get Shorted right in the middle of the way.
Down below, I mainly watch 85K.
If BTC retests but still holds and then comes back above this zone → the current bullish structure hasn’t been broken.
If a short-term washout appears, I’ll prioritize observing support first rather than immediately assuming the trend has ended.
ETH today is similar as well.
ETH is trading at 2,700 USD and is moving into the resistance zone we had been tracking earlier.
Now there are two main questions:
Can 2,700 become support?
Can 2,800 break out?
If ETH breaks out at 2,800 and after the breakout it doesn’t quickly fall back → the next zone I’ll pay attention to is 3,000 USD.
But around 2,800, I’m still guarding against a washout.
The closer we get to major resistance, the more the sell/lock-in-profit pressure and Short pressure can increase.
So I don’t intend to chase the price.
Hold 2,700 → breakout 2,800 → then only look at 3,000.
If the breakout fails → wait for a retest and confirmation again.
$BTC
$ETH
First is BTC.
BTC is currently entering a very important zone.
After the previous breakout, price is ranging around 86K; above that, I’m focusing on the resistance area 87K–88K.
If BTC continues to break out with good volume → the market may start moving toward 90K–92K.
Right now, many analyses are also viewing 90K as an important test of this uptrend.
So I don’t want to assume the top immediately just because BTC has already moved up quite a bit.
The stronger the market, the easier it is to get Shorted right in the middle of the way.
Down below, I mainly watch 85K.
If BTC retests but still holds and then comes back above this zone → the current bullish structure hasn’t been broken.
If a short-term washout appears, I’ll prioritize observing support first rather than immediately assuming the trend has ended.
ETH today is similar as well.
ETH is trading at 2,700 USD and is moving into the resistance zone we had been tracking earlier.
Now there are two main questions:
Can 2,700 become support?
Can 2,800 break out?
If ETH breaks out at 2,800 and after the breakout it doesn’t quickly fall back → the next zone I’ll pay attention to is 3,000 USD.
But around 2,800, I’m still guarding against a washout.
The closer we get to major resistance, the more the sell/lock-in-profit pressure and Short pressure can increase.
So I don’t intend to chase the price.
Hold 2,700 → breakout 2,800 → then only look at 3,000.
If the breakout fails → wait for a retest and confirmation again.
$BTC
$ETH