Friday, October 9: Zhongling’s BTC/ETH Night Trading Plan
On the four-hour chart, BTC remains within a bearish structure. After a relatively steady decline, the current move looks more like a corrective technical rebound. Although the rebound has produced several consecutive bullish candles, its strength and range are limited, and it does not constitute a genuine reversal signal. Momentum has weakened noticeably as price tests the resistance zone. The candlestick structure shows that the rebound is clearly weaker than the preceding decline, indicating that it remains a correction within the downtrend. Overhead pressure remains in place, and buyers have not managed an effective breakout. Given the current setup, if the rebound encounters resistance, it could trigger renewed selling and extend the decline. Therefore, the strategy remains to look for short positions on rebounds, trade in the direction of the overall trend, and pay particular attention to downside opportunities following a rejection at resistance.
Trading Plan
BTC: Open short positions near 83200-83700; target: around 80000
ETH: Open short positions near 2520-2540; target: around 2380
$BTC
$ETH
#以太坊升破2500美元 #Solana计划将出块时间缩至200毫秒 #比特币重复使用地址持有433万枚BTC
On the four-hour chart, BTC remains within a bearish structure. After a relatively steady decline, the current move looks more like a corrective technical rebound. Although the rebound has produced several consecutive bullish candles, its strength and range are limited, and it does not constitute a genuine reversal signal. Momentum has weakened noticeably as price tests the resistance zone. The candlestick structure shows that the rebound is clearly weaker than the preceding decline, indicating that it remains a correction within the downtrend. Overhead pressure remains in place, and buyers have not managed an effective breakout. Given the current setup, if the rebound encounters resistance, it could trigger renewed selling and extend the decline. Therefore, the strategy remains to look for short positions on rebounds, trade in the direction of the overall trend, and pay particular attention to downside opportunities following a rejection at resistance.
Trading Plan
BTC: Open short positions near 83200-83700; target: around 80000
ETH: Open short positions near 2520-2540; target: around 2380
$BTC
$ETH
#以太坊升破2500美元 #Solana计划将出块时间缩至200毫秒 #比特币重复使用地址持有433万枚BTC