BTC & ETH Market Analysis:
A weak rebound, bears in control—beware of a further pullback! Bitcoin: Heavy overhead resistance; bulls fail to break through $BTC
On the daily chart, the rebound following Bitcoin’s sharp drop below 86,000 is showing signs of fatigue. The price met clear resistance at the top of the range and failed to break into new upside territory.
Chart pattern: A large bearish candle near the highs has exerted significant pressure.
Momentum analysis: Recent bullish candles have gradually shortened, indicating that buying pressure continues to fade and that strong resistance lies overhead. ETH: The structure has shifted from strong to weak; rebounds are shorting opportunities.
ETH’s current candle has formed a long upper wick and fallen below the lower boundary of its short-term trading range. It briefly reclaimed the 83,000 level but then lost it again. This indicates strong selling pressure after the price surged, with bullish momentum fading rapidly. $ETH
Trend outlook: Rebound highs are getting progressively lower. The overall structure has shifted from strong to weak, with bears gradually taking control.
Outlook: A downside break after consolidation near the highs often signals a prolonged correction, and the price is likely to continue lower in search of support.
Trading strategy:
Maintain a bearish view on rebounds. Don’t blindly chase long positions. Manage position risk and maintain strict defenses! Updates in the Square may be delayed. Lao Qi will continue to monitor the market closely. To keep up with Lao Qi’s precise timing, join the discussion in Lao Qi’s chatroom for market analysis.
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#阿根廷央行不推加密入银行支付
A weak rebound, bears in control—beware of a further pullback! Bitcoin: Heavy overhead resistance; bulls fail to break through $BTC
On the daily chart, the rebound following Bitcoin’s sharp drop below 86,000 is showing signs of fatigue. The price met clear resistance at the top of the range and failed to break into new upside territory.
Chart pattern: A large bearish candle near the highs has exerted significant pressure.
Momentum analysis: Recent bullish candles have gradually shortened, indicating that buying pressure continues to fade and that strong resistance lies overhead. ETH: The structure has shifted from strong to weak; rebounds are shorting opportunities.
ETH’s current candle has formed a long upper wick and fallen below the lower boundary of its short-term trading range. It briefly reclaimed the 83,000 level but then lost it again. This indicates strong selling pressure after the price surged, with bullish momentum fading rapidly. $ETH
Trend outlook: Rebound highs are getting progressively lower. The overall structure has shifted from strong to weak, with bears gradually taking control.
Outlook: A downside break after consolidation near the highs often signals a prolonged correction, and the price is likely to continue lower in search of support.
Trading strategy:
Maintain a bearish view on rebounds. Don’t blindly chase long positions. Manage position risk and maintain strict defenses! Updates in the Square may be delayed. Lao Qi will continue to monitor the market closely. To keep up with Lao Qi’s precise timing, join the discussion in Lao Qi’s chatroom for market analysis.
#Ledger确认用户设备遭植入未授权硬件
#阿根廷央行不推加密入银行支付