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Bitcoin is currently around 93,300. Although this upward trend continues strongly, it is approaching a key resistance zone, and a reversal is beginning to emerge. On the 2-hour chart, the trend shows a oscillating upward rhythm, with the latest closing price near the high of 93,650. The MACD momentum in the 2-hour cycle continues to strengthen, indicating that the short-term momentum remains fierce. However, while the EMA support remains stable, the 94,000 level above is already within reach. This position is not suitable for chasing the rally; instead, it is more prudent to take partial short positions at high levels.
From a trading perspective—long positions can be entered at 92,500 and 91,500. If the price falls below 91,000, exit the position. The upward target is set above 93,500, with a further look at whether it can break through 94,500. For short positions, consider entering at 94,000 and 95,000. If it falls below 95,500, close the position. The downside target points below 93,000, with a final support level around 92,000.
Turning to Ethereum, the current price at the time of writing is 3,175. The strong market momentum has reached a peak, which usually indicates a potential cooling or correction ahead. On the 2-hour chart, continuous upward movement is observed, with new highs and higher lows, clearly forming a short-term upward pattern. The daily chart is approaching the 3,200 level. The MACD indicator shows increasing momentum in the 2-hour cycle, and after a golden cross on the daily chart, the momentum continues to expand into extreme regions, suggesting limited room for further upward movement. EMA support and resistance levels are not weak, and the overall trend is consolidating at high levels. The strategy should be to short on rallies and go long on dips.
Specific trading suggestions—go long at 3,120 and 3,070. If the price falls below 3,050, exit the position. The target is above 3,130, aiming to reach 3,160. For short positions, consider entering at 3,150 and 3,200. If it cannot hold above 3,250, stop-loss is triggered. The downside target is below 3,100, with continued attention to the support at 3,080.
The above analysis is for reference only. Market conditions change rapidly; trade carefully and at your own risk.