11.4 Ruoxi’s Bitcoin and Ethereum outlook
The market was pretty frustrating to watch last night. The 78,000 level felt like a hurdle that bulls just couldn’t clear, despite repeated attempts. They tried three times in total, but each time the price reached around 77,800, selling pressure pushed it back down. It briefly managed to break above 78,000, but couldn’t hold for more than a few minutes before quickly falling back to 76,800.
The 4-hour chart shows a clear pattern of lower rebound highs, suggesting a gradual weakening. There’s a good chance price will test the 76,200 support next. If that level gives way, there’ll be more room to fall.
The trading plan is straightforward: use rebounds as opportunities to short, and don’t chase longs blindly.
Bitcoin: Short on a rebound to 77,500–78,000; first target 76,000, then 75,000 if support breaks.
Ethereum: Short on a rebound to around 2,300; first target 2,210, then 2,100 if support breaks.
#币安每小时充值量已超过提现量 $BTC
The market was pretty frustrating to watch last night. The 78,000 level felt like a hurdle that bulls just couldn’t clear, despite repeated attempts. They tried three times in total, but each time the price reached around 77,800, selling pressure pushed it back down. It briefly managed to break above 78,000, but couldn’t hold for more than a few minutes before quickly falling back to 76,800.
The 4-hour chart shows a clear pattern of lower rebound highs, suggesting a gradual weakening. There’s a good chance price will test the 76,200 support next. If that level gives way, there’ll be more room to fall.
The trading plan is straightforward: use rebounds as opportunities to short, and don’t chase longs blindly.
Bitcoin: Short on a rebound to 77,500–78,000; first target 76,000, then 75,000 if support breaks.
Ethereum: Short on a rebound to around 2,300; first target 2,210, then 2,100 if support breaks.
#币安每小时充值量已超过提现量 $BTC
