Bitcoin Trend Status ◦

After the price surged to a high of 94,778.8, it began a continuous decline, with all indicator lines (blue, white, pink) turning downwards simultaneously, establishing a mid-term bearish trend. ◦ Recently, after the price fell to around 90,920, a weak rebound occurred. Although the K-line showed red bars, the rebound strength was limited, and the indicator pink line only slightly flattened, indicating a technical correction during the downtrend without any trend reversal signals. 2. Key Support and Resistance ◦ Support Level: First support at $90,920 (the low point of this round of decline), strong support at $90,500 (the low extension of the indicator pink line); if it breaks below $90,500, the price may test the $90,000 integer level. ◦ Resistance Level: First resistance at $91,045 (the red dashed line in the chart), strong resistance at $91,500 (the suppression level of the indicator white line); breaking above $91,500 is necessary to alleviate short-term downward pressure; otherwise, rebounds may face obstacles. 3. Trading Operation Tips ◦ In the short term, focus on shorting at highs. If the price rebounds to the $91,045-$91,500 range with insufficient volume, consider placing short orders, with a stop loss set above $91,500. ◦ If the price stabilizes above $91,045 and breaks above $91,500, consider trying a small long position, targeting $92,000, with a stop loss set below $90,920, and strictly control the position size (long positions in a bearish trend are short-term speculations).

Ethereum Trend Status ◦

After the price surged to a high of 3,308.65, it began a rapid decline, with all indicator lines (blue, white, pink) turning downwards simultaneously, indicating a clear bearish trend. ◦ Recently, after the price fell to around 3,120, a rebound occurred, with the K-line closing with red bars and the indicator pink line showing signs of flattening and rising, indicating an oversold recovery after the decline, but the overall bearish pattern has not yet been reversed. 2. Key Support and Resistance ◦ Support Level: First support at $3,140 (the starting point of the recent rebound), strong support at $3,120 (the low point of this round of decline); if it breaks below $3,120, the price may further test the $3,100 level. ◦ Resistance Level: First resistance at $3,160 (the red dashed line in the chart), strong resistance at $3,200 (the suppression level of the indicator white line); breaking above $3,200 is necessary to alleviate short-term downward pressure; otherwise, rebounds may face obstacles and fall back. 3. Trading Operation Tips ◦ In the short term, focus on shorting during rebounds. If the price rebounds to the $3,160-$3,200 range and fails to break through, consider placing short orders, with a stop loss set above $3,200. ◦ If the price stabilizes above $3,160 and breaks above $3,200, consider trying a small short-term long position, targeting $3,240, with a stop loss set below $3,140.

Follow the public account — Bitcoin Big Bear

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。