$ETH Small levels have a slight oversell, and it is still at the entry position. The short-term view is looking towards a rebound to around 3100. It is necessary to pay attention to changes in smaller level patterns in order to determine trading actions.
$BTC is currently starting a short-term rebound. After entering around 86,000, the first thing to pay attention to is the pressure around 88,600. If the rebound is strong in the short term, the first target to watch could be 91,500. Here, one can reduce positions.
$ETH The market outlook is consistent with BTC, with Ethereum focusing on the vicinity of 2960. A pullback stabilizing around 0.618 can be considered for entry, looking towards the bat pattern at 4070 in the larger direction. Overall, a certain amount of time is needed to realize this trade. Currently, the layout at the short-term level is very critical, waiting for entry.
$BTC After the overall decline, the BTC market has stabilized, and the current market situation looks good. The short-term trend is expected to rebound, so positions can be taken to go long in the butterfly pattern near the pullback of 86,000. If the short-term rebound is effective, the target can be set longer term, aiming for around 104,700. The profit margin in between is substantial. If trading feels difficult or positions cannot be held, adjustments can be made to leverage and position size.
$$ETH The operational approach is the same. Currently, it is moving in a volatile trend, so it is very likely to go long near the Gartley pattern around 3770 and reverse to short around 4000.
$BTC , the general direction refers to previous content, the bearish outlook remains unchanged, and the smaller timeframes are currently in a consolidation phase. The reversal at 103500 (bat pattern) has occurred, and when the market is near 105000, one can enter a short-term long position. If the market does not break through 108500 effectively, this area can also be targeted for a short-term short position.
The direction of ETH has also fallen below around 3800, and there is currently a potential crab pattern. Bearish until around 3240-3190 before reversing to go long $ETH
BTC can be predicted to break below 100,000 in the near term, and it is highly likely to reach around 86,000 as a bat pattern to stop falling, at which point it is recommended to go long. Based on the current trend, trading is still mainly focused on high-position short positions, and after today's decline on a smaller scale, one can continue to short by observing the 382 resistance level near 108,000. $BTC
BTC, after another violent washout, the market is trending towards calm. The current trading opportunity is to go long towards around 114,200 and then drop, with the target being held for a while. The short-term focus remains on the adjustments and fluctuations within the larger range. Therefore, trying to go long when dropping to around 109,800 is possible, $BTC