OK God of Wealth Report | Morning Market ☕
Good morning, everyone. I’m Oujibake. Let’s take a look at the market: BTC is around 81,571, down 0.96% over the past 24 hours; ETH is near 2,423, down 0.77%.
Overnight, BTC briefly plunged to 80,809 around 1 a.m., while ETH dipped to 2,393 at the same time. Both gradually recovered afterward. This morning, prices have mostly moved sideways in a narrow range, with no clear direction.
Here are the levels I’m watching today:
For BTC, the first support below is around 80,800—the overnight low. If that breaks, the next level to watch is 79,800 (the low of the wick on the 15th). Resistance is at 82,500–82,940; only a break above that could open the way to levels above 84,000.
For ETH, support is at 2,393, followed by 2,318. Resistance is in the 2,480–2,494 area.
It’s Saturday, so I expect the market to be relatively quiet, with prices prone to swinging back and forth. Personally, I’d approach futures trading as a range-bound market: if BTC stabilizes near 80,800, you could try a small long position, with a stop-loss below 80,300 and an initial target of 82,500. If it rallies to around 82,900 without a pickup in volume, don’t chase the long. Until the price breaks out of the range, I’d rather trade less.
⚠️ Futures trading is risky. Weekend liquidity is thin, and sharp wicks are common. Be sure to manage your position size and use stop-losses. These are just my personal views and do not constitute investment advice.
#BTC #ETH #FuturesTrading
Good morning, everyone. I’m Oujibake. Let’s take a look at the market: BTC is around 81,571, down 0.96% over the past 24 hours; ETH is near 2,423, down 0.77%.
Overnight, BTC briefly plunged to 80,809 around 1 a.m., while ETH dipped to 2,393 at the same time. Both gradually recovered afterward. This morning, prices have mostly moved sideways in a narrow range, with no clear direction.
Here are the levels I’m watching today:
For BTC, the first support below is around 80,800—the overnight low. If that breaks, the next level to watch is 79,800 (the low of the wick on the 15th). Resistance is at 82,500–82,940; only a break above that could open the way to levels above 84,000.
For ETH, support is at 2,393, followed by 2,318. Resistance is in the 2,480–2,494 area.
It’s Saturday, so I expect the market to be relatively quiet, with prices prone to swinging back and forth. Personally, I’d approach futures trading as a range-bound market: if BTC stabilizes near 80,800, you could try a small long position, with a stop-loss below 80,300 and an initial target of 82,500. If it rallies to around 82,900 without a pickup in volume, don’t chase the long. Until the price breaks out of the range, I’d rather trade less.
⚠️ Futures trading is risky. Weekend liquidity is thin, and sharp wicks are common. Be sure to manage your position size and use stop-losses. These are just my personal views and do not constitute investment advice.
#BTC #ETH #FuturesTrading