Enze: Strong bullish trend hidden dangers! The rebound signals for BTC/ETH have already appeared!



From the current market situation, the rebound of 10,000 points is a strong bullish signal, indicating that overall market sentiment is leaning bullish. In the short term, focus on whether the price can stay above the upper band. If it pulls back to find support at the middle Bollinger Band, it can be a signal to add to long positions or hold. If it breaks through and quickly falls back below the middle band, beware of false breakout risks.

On the four-hour chart, after breaking 70,000, the price shows signs of stagnation, with long upper shadows and engulfing bearish candles, which are good signals for a rebound short entry. The red bars continue to lengthen, indicating that bullish momentum has not yet exhausted, but the indicator is already at a relatively high level, so be alert for potential top divergence at any time.

Trading Suggestions:

BTC: Rebound near 71,000-72,500, stop loss above 73,000, target down to 69,000-67,500.

ETH: Rebound near 2,125-2,180, stop loss above 2,200, target down to 2,050-2,015.

Reminder:

The above analysis is Enze's personal view. The market is ever-changing, so please rely on Enze's actual market data!
BTC3,54%
ETH4,58%
View Original
post-image
post-image
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)