Morning Analysis


Technical core conclusion: The price has broken below the short-term bullish center, forming a weak structure of Lower High/Lower Low. MACD and RSI momentum levels are weakening simultaneously, indicating a strong continuation of the bearish trend; short-term support is first seen at 75,000-76,000, and a break below this level directly targets the psychological level of 70,000. ETH has lost the support at 2550-2600, RSI has entered the weak zone, and a break below 2350-2400 will confirm the bearish trend. The medium to short-term pattern is overall bearish, and until key resistance is recovered and stabilized, all rebounds are better opportunities for shorting, not signs of reversal. Main trading strategy: short on rallies, follow the trend for layout.
Trading Suggestions
Place short positions around 78,100-78,600 for BTC, targeting 76,100-76,600
Place short positions around 2,350-2,380 for ETH, targeting 2,200-2,230$BTC $ETH #GateLive直播挖矿公测开启
BTC-2,17%
ETH-7,29%
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