Slow gains are still gains. It’s only natural that the weekend’s liquidity has this kind of effect as part of the market rhythm. Earlier on, we kept emphasizing a long-biased approach for everyone, which also provides expectations for a certain rebound. However, the upward momentum has not yet picked up in strength.
On the 4-hour timeframe, price action shows a small-level bearish divergence, indicating that a short-term market rebound is still present and there is a certain amount of room for further rebound. But from the perspective of how the structure is running—combined with the measure of weekend volume capability—it’s clear that the bBTC 84800 area’s resistance is continuing to exert pressure. As long as this level is not broken, the short-term rebound will inevitably fail to achieve a breakout.
So for the short-term market rhythm, we can still wait for the market to test and show the resistance at this level, then follow through with a pullback in order to go long.
Long near bBTC 84300 Target 85500
Long near ETH 2690 Target 2750
#本周Strategy与Strive增持2305枚BTC $BTC #特朗普拒绝重开霍尔木兹海峡提议 $ETH
On the 4-hour timeframe, price action shows a small-level bearish divergence, indicating that a short-term market rebound is still present and there is a certain amount of room for further rebound. But from the perspective of how the structure is running—combined with the measure of weekend volume capability—it’s clear that the bBTC 84800 area’s resistance is continuing to exert pressure. As long as this level is not broken, the short-term rebound will inevitably fail to achieve a breakout.
So for the short-term market rhythm, we can still wait for the market to test and show the resistance at this level, then follow through with a pullback in order to go long.
Long near bBTC 84300 Target 85500
Long near ETH 2690 Target 2750
#本周Strategy与Strive增持2305枚BTC $BTC #特朗普拒绝重开霍尔木兹海峡提议 $ETH
