Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字资产代币化浪潮 Let's take a look at the trends of BTC and ETH during the afternoon session.


First, let's talk about $BTC . The position at 95858 is quite critical; if the hourly candlestick can close above it, there shouldn't be much issue with going long on the right side. However, if it can't hold, you must decisively stop-loss without hesitation. Looking down, 95282 is a dividing line; if it breaks and the rebound lacks strength, then a bearish strategy can be considered, but remember to pay close attention to changes in volume.
The support level at 94526 is quite interesting—if a false breakout occurs and quickly recovers, a short-term long opportunity may arise. The stop loss can be placed below the breakout low, or conservatively set below 93428.
On the resistance side, pay attention to the pressure levels at 96040, 97427, and 98888 above. If 95898 can hold steady, then the range from 97271 to 97997 will be worth watching. On the support side, the levels are arranged at 95535, 94526, and 93560 in order. If the 4-hour level breaks below 95693, it is highly likely that it will test 94360-93345.
In terms of structure, let's discuss some details: after the false breakout of the range during the early hours, it has returned. If we want to attack upwards now, we need to first break through the mid-axis of the range before testing the upper edge. The neckline of the W bottom is just stuck at the upper edge of the range, and once it breaks through the resistance converted from the previous support at 98888, that will be the next target. That said, before breaking the previous high at 100473, it is essentially still a rebound market; to confirm a reversal, there must at least be an entity breakout. Additionally, if the gap at 92000 is not filled this week, the expectation for a pullback next week still stands, so keep an eye on this.
Let's take another look at the operation idea on this side $ETH . If 3191 breaks through, we go long on the right side; if it can't hold, stop loss. Conversely, if it breaks below 3180, we can consider following the short position. If the support at 3121 can hold, we can try a short-term long position, with a stop loss at 3088; around 3273 we can tentatively short, and if it breaks 3312, we accept defeat and exit.
Aggressive left-side strategy - You can ambush and enter a long position at the 3054 level, with a stop loss at 3013 to prevent being swept out.
Resistance levels are distributed at 3209, 3240, and 3273. After stabilizing at 3209, the range between 3240 and 3273 is worth paying attention to. Support levels are lined up at 3121, 3054, and 3013. If it breaks below 3151 on the 4-hour chart, it will need to test the 3104-3054 range.
A reminder regarding the pattern: be cautious of situations where a triangle convergence breakout does not stabilize. If the resistance at 3221 cannot be broken, it is likely to return to a consolidation pattern. If the triangle pattern breaks down, we need to confirm the support at 3068.
$BNB Today we will not elaborate on it for now, mainly focusing on BTC and ETH, the two mainstream varieties.
BTC-4.61%
ETH-4.36%
BNB-1.69%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
币圈犀牛哥加密公社vip
· 11-16 13:09
Steadfast HODL💎
View OriginalReply0
币圈犀牛哥加密公社vip
· 11-16 13:09
Quick, enter a position! 🚗
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)