Tuesday Morning Jing Yi Trading Strategy Analysis


Bitcoin's second attempt to rebound and test 69,500 failed, and it has pulled back under pressure, currently oscillating around 68,500; ETH is weakening simultaneously, encountering resistance at 2,050, with both key resistance levels confirmed.

4-hour price rebounded near the upper band and faced resistance, Bollinger Bands are narrowing and flattening, indicating the market is entering a range-bound consolidation. 69,500 is a critical resistance of the downward trendline. If it cannot be effectively broken through, the short-term trend will continue to decline and adjust; if the second retest does not break below the 67,500 support, short-term long positions can be considered.

Trading Suggestions
BTC: Long at 67,500–68,000, target 69,500
ETH: Long at 1,960–1,980, target 2,050

The above is my personal opinion, for reference only.
BTC4,53%
ETH3,05%
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