4.9 Public Disclosure of $BTC:



Yesterday's rally faced resistance and pulled back, with Bitcoin bulls' momentum weakening. In the short term, the market has entered a consolidation phase, with limited rebound strength and a gradually opening downside correction space.

The resistance zone above has moved higher, with 71,500 being the stable high-altitude area today. Rebounds to this level face obvious resistance, and selling pressure is gradually increasing;
The strong resistance is at 72,500. As long as this level is not broken, the overall structure remains biased bearish.

The key support below is at 70,500. Today's focus is on observing the downside break strength.
Once effectively broken, the price will approach the 70,000 level, forming a thousand-point-level correction and recovery.

Trading Strategy

Rebound near 71,500 with staged short positions
First target: 70,500
Second target: Break below 70,000, hold the position accordingly, and watch for continued downward exploration #加密市场小幅下跌 #美伊停火协议谈判再生变故 $ETH $ETH
ETH-2.96%
View Original
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
Add a comment
Add a comment
No comments