10.12 Haoyuan Strategy
Technical Analysis: Strong Moving-Average Resistance
ETH faces a confluence of resistance around 2570–2600, where the 4-hour EMA50 and daily EMA20 are clustered. Previous bullish attempts to break through have repeatedly failed, leaving many traders trapped in losing positions. This is a classic case of “weak consolidation below resistance”—any rebound just hands more ammunition to the bears. $BTC #以太坊突破2500USDT $SOL
BTC’s Weakness Weighs on the Market
BTC remains firmly capped below resistance at 83916. As the market leader, it has yet to establish itself above the key 84000 level. With no engine for an upward move, it will be difficult for ETH to strengthen on its own.
For BTC, consider shorting in the 84000–84500 range, with targets at 82400–82900.
For ETH, consider shorting in the 2565–2585 range, targeting 2375–2515.
Technical Analysis: Strong Moving-Average Resistance
ETH faces a confluence of resistance around 2570–2600, where the 4-hour EMA50 and daily EMA20 are clustered. Previous bullish attempts to break through have repeatedly failed, leaving many traders trapped in losing positions. This is a classic case of “weak consolidation below resistance”—any rebound just hands more ammunition to the bears. $BTC #以太坊突破2500USDT $SOL
BTC’s Weakness Weighs on the Market
BTC remains firmly capped below resistance at 83916. As the market leader, it has yet to establish itself above the key 84000 level. With no engine for an upward move, it will be difficult for ETH to strengthen on its own.
For BTC, consider shorting in the 84000–84500 range, with targets at 82400–82900.
For ETH, consider shorting in the 2565–2585 range, targeting 2375–2515.