3.25 AM Bitcoin Brief Analysis



After piercing 69000, a rebound from the bottom has begun, with bulls starting to stir.

BTC rebounded to above 71300 yesterday afternoon and faced resistance pullback. After piercing 69000 in the early morning with oversold rebound, it has now returned near 71000.
ETH rebounded to 2174 last night and explored lower, with the lowest at 2102 in the early morning, currently approaching 2170 again.

From the hourly perspective, BTC quickly recovered after piercing 69000. This support has shifted from previously hollow to currently solid;
Bollinger Bands are beginning to flatten, bearish momentum is shrinking, upper band 71600 provides resistance, likely to test once more during the US session.
The 2H and 4H range has expanded to 69200—71800, daily timeframe does not yet have conditions for strong counterattack.

Overall approach: Raise empty position levels, support position to go long mainly.

BTC strategy:
Go long around 70000, add longs at 69500, target 71000—71500.

ETH strategy:
Go long around 2130, add longs at 2100, target 2170—2200.

No adverse guidance, sharing ideas only, complying with community guidelines.
#比特币btc #以太坊eth #币圈
BTC0,55%
ETH1,4%
View Original
post-image
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
  • Pin