⚠️ After BTC breaks below 85,000, can it hold at 83,888? When will ETH stop falling and stabilize?
📊 Market Snapshot
BTC: $84,861 | 4H range 83,888 - 85,508
ETH: $2,683 | 4H range 2,650 - 2,704
1️⃣ Wyckoff Perspective
BTC plunged from 85,508 to 83,888. After a sell-off with increased volume, it entered a modest rebound phase. It is currently in the early stage of a potential spring zone. Price is consolidating narrowly above 83,888. If a subsequent breakout occurs with increased volume above 85,000, the spring would be considered confirmed. If it breaks below 83,888 again on lower volume, it could slip into a deeper markdown.
ETH is also falling, but the rebound strength is weaker than BTC’s. The 2,650 support remains a key observation point; overall, it is in the lower end of an accumulation testing phase.
2️⃣ 2B Rule Assessment
BTC formed a local low at 83,888. The prior support zone was 83,800–84,200. The current price is hovering around 84,800 and has not effectively broken above the previous high of 85,500, so the 2B reversal signal has not been confirmed yet. Watch whether the next 4H candlestick can rise above 85,100 and hold—only then can a valid 2B low be confirmed.
ETH formed a low at 2,650, rebounded to 2,683, but volume has shrunk, making the 2B signal unclear as well. Wait for a more decisive confirmation with increased volume.
3️⃣ Dow Theory
On the 4H timeframe, BTC is in a secondary rebound phase within a downtrend. The main trend remains bearish. The rebound highs are gradually decreasing (85,508 → 84,921 → 84,696). If the subsequent 4H close cannot break above 85,000, the probability of the downtrend continuing increases.
ETH is similar: rebound highs have been stepping down from 2,704. The Dow structure is weak, with a short-term bearish bias.
🛡️ Trading Strategy
• BTC: Be cautious when placing a long with a stop-loss below 83,888. If you break above 85,100 and then confirm on a pullback, you can try a small long position. Target: 86,000
• BTC: If it breaks below 83,800 and the 4H closes confirm, you can chase a short toward around 82,500
• ETH: 2,650 is the line between long/short. If it breaks, watch 2,600. If it holds, you can test a small long and look toward 2,700
• Keep position sizing within 5%. Direction is currently unclear—wait patiently for confirmation signals
#BTC走势分析 #ETH price action analysis
📊 Market Snapshot
BTC: $84,861 | 4H range 83,888 - 85,508
ETH: $2,683 | 4H range 2,650 - 2,704
1️⃣ Wyckoff Perspective
BTC plunged from 85,508 to 83,888. After a sell-off with increased volume, it entered a modest rebound phase. It is currently in the early stage of a potential spring zone. Price is consolidating narrowly above 83,888. If a subsequent breakout occurs with increased volume above 85,000, the spring would be considered confirmed. If it breaks below 83,888 again on lower volume, it could slip into a deeper markdown.
ETH is also falling, but the rebound strength is weaker than BTC’s. The 2,650 support remains a key observation point; overall, it is in the lower end of an accumulation testing phase.
2️⃣ 2B Rule Assessment
BTC formed a local low at 83,888. The prior support zone was 83,800–84,200. The current price is hovering around 84,800 and has not effectively broken above the previous high of 85,500, so the 2B reversal signal has not been confirmed yet. Watch whether the next 4H candlestick can rise above 85,100 and hold—only then can a valid 2B low be confirmed.
ETH formed a low at 2,650, rebounded to 2,683, but volume has shrunk, making the 2B signal unclear as well. Wait for a more decisive confirmation with increased volume.
3️⃣ Dow Theory
On the 4H timeframe, BTC is in a secondary rebound phase within a downtrend. The main trend remains bearish. The rebound highs are gradually decreasing (85,508 → 84,921 → 84,696). If the subsequent 4H close cannot break above 85,000, the probability of the downtrend continuing increases.
ETH is similar: rebound highs have been stepping down from 2,704. The Dow structure is weak, with a short-term bearish bias.
🛡️ Trading Strategy
• BTC: Be cautious when placing a long with a stop-loss below 83,888. If you break above 85,100 and then confirm on a pullback, you can try a small long position. Target: 86,000
• BTC: If it breaks below 83,800 and the 4H closes confirm, you can chase a short toward around 82,500
• ETH: 2,650 is the line between long/short. If it breaks, watch 2,600. If it holds, you can test a small long and look toward 2,700
• Keep position sizing within 5%. Direction is currently unclear—wait patiently for confirmation signals
#BTC走势分析 #ETH price action analysis
