The daily chart shows a long lower shadow candlestick, suggesting potential support on the downside. However, the selling pressure still dominates the market, and the overall pattern has not fundamentally changed. During the rebound phase, trading volume remains sluggish, and buying follow-through is severely lacking. This is a typical resistance rebound in a bearish trend, only a technical correction with no signs of reversal. Clear judgment: Bitcoin has officially entered a bear market cycle. The previous 73,000 level is not a bottom, and blindly bottom-fishing is like licking a knife—extremely risky! In terms of trading strategy, maintain a bearish mindset, focusing on shorting on rebounds at higher levels, and avoid going against the trend. Trading Suggestions Short positions around 76,000-76,500 for Bitcoin, targeting 73,000-74,000 Short positions around 2,240-2,270 for Ethereum, targeting 2,080-2,110$BTC $ETH #加密市场隔夜V型震荡
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Reward
like
2
Repost
Share
Comment
0/400
LittleCowIsABitHungry.
· 5h ago
Hey, bro, how can I contact you?
Please let me know your contact information so we can stay in touch.
Looking forward to catching up soon!
Evening Analysis
The daily chart shows a long lower shadow candlestick, suggesting potential support on the downside. However, the selling pressure still dominates the market, and the overall pattern has not fundamentally changed. During the rebound phase, trading volume remains sluggish, and buying follow-through is severely lacking. This is a typical resistance rebound in a bearish trend, only a technical correction with no signs of reversal. Clear judgment: Bitcoin has officially entered a bear market cycle. The previous 73,000 level is not a bottom, and blindly bottom-fishing is like licking a knife—extremely risky! In terms of trading strategy, maintain a bearish mindset, focusing on shorting on rebounds at higher levels, and avoid going against the trend.
Trading Suggestions
Short positions around 76,000-76,500 for Bitcoin, targeting 73,000-74,000
Short positions around 2,240-2,270 for Ethereum, targeting 2,080-2,110$BTC $ETH #加密市场隔夜V型震荡