#数字资产市场动态 Market fluctuations are ups and downs, but true traders are never confused by daily price movements—they anchor their trend direction with calm logic and extract profits from the market using precise strategies.
Looking back at today’s early trading, $BTC decisively rebounded after hitting the key support level at 86,824, then quickly surged to the resistance level at 89,432. Afterwards, it entered a consolidation phase, with the short-term pace clearly slowing down. $ETH’s performance closely followed, rebounding from a low of 2,888 to a high of 2,994, showing a strong correlation with Bitcoin.
On the 4-hour chart, after completing the chip transfer at lower levels, the price began to rise, once breaking through the upper band of the Bollinger Bands. However, the long upper shadow during the surge revealed an issue—selling pressure above is accumulating. Based on recent wide-range oscillation patterns, the market is likely to face a pullback pressure in the near future. The 1-hour timeframe is even more evident; after a series of bullish candles, the momentum has noticeably weakened, and the price is starting to retrace and recover. Various technical indicators are turning downward, with bearish momentum gradually gaining control, but a clear one-sided trend has not yet formed. Both bulls and bears are engaged in intense tug-of-war, and shakeout phases often occur.
The operational advice is: follow the trend, set up your defenses, and never let emotions lead you to chase highs or sell lows.
**Suggested trading strategies:**
$BTC: Consider short positions in the 89,000-89,500 range, with the first target at 87,000.
$ETH: Consider short positions in the 2,970-3,000 range, with a target around 2,880.
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PanicSeller
· 6h ago
Talking about going with the flow again, it's easy to say but hard to do, brother.
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NullWhisperer
· 6h ago
honestly that long wick screams capitulation trap to me... like technically speaking the order flow here is questionable at best. wouldn't be surprised if this bounces harder once retail gets liquidated lmao
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GateUser-beba108d
· 6h ago
What are you talking about with calm logic again? I just want to know if this time will be another big trap.
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I've heard the 89500 short position setup too many times, but it still got smashed through in the end.
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Defensive line, defensive line, the defenses are being broken every day, it's really exhausting.
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Following ETH with BTC has become commonplace; wait until it dares to act independently one day, then call me.
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I missed the early rebound, so anything said now is useless.
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Is there a washout market happening? Or do they still want to keep washing out retail traders like me?
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Every time they say don't be driven by emotions, but in the end, they are just guessing with technical indicators.
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Is the 87,000 target set really daring? Are you not afraid of reality giving you a slap?
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TxFailed
· 6h ago
ngl this whole "true traders aren't fooled" energy hits different when everyone's getting liquidated anyway... technically speaking the wick formations here scream classic capitulation setup, learned this the hard way back when i thought i understood support levels lmao
Reply0
ArbitrageBot
· 6h ago
Here we go again, always talking about going with the trend, but isn't it just getting washed out to the point of doubting life?
Are you preparing to short at 2970 again? Last time someone did this, they were blown out in the opposite direction, right?
#数字资产市场动态 Market fluctuations are ups and downs, but true traders are never confused by daily price movements—they anchor their trend direction with calm logic and extract profits from the market using precise strategies.
Looking back at today’s early trading, $BTC decisively rebounded after hitting the key support level at 86,824, then quickly surged to the resistance level at 89,432. Afterwards, it entered a consolidation phase, with the short-term pace clearly slowing down. $ETH’s performance closely followed, rebounding from a low of 2,888 to a high of 2,994, showing a strong correlation with Bitcoin.
On the 4-hour chart, after completing the chip transfer at lower levels, the price began to rise, once breaking through the upper band of the Bollinger Bands. However, the long upper shadow during the surge revealed an issue—selling pressure above is accumulating. Based on recent wide-range oscillation patterns, the market is likely to face a pullback pressure in the near future. The 1-hour timeframe is even more evident; after a series of bullish candles, the momentum has noticeably weakened, and the price is starting to retrace and recover. Various technical indicators are turning downward, with bearish momentum gradually gaining control, but a clear one-sided trend has not yet formed. Both bulls and bears are engaged in intense tug-of-war, and shakeout phases often occur.
The operational advice is: follow the trend, set up your defenses, and never let emotions lead you to chase highs or sell lows.
**Suggested trading strategies:**
$BTC: Consider short positions in the 89,000-89,500 range, with the first target at 87,000.
$ETH: Consider short positions in the 2,970-3,000 range, with a target around 2,880.