The 30-minute chart of BTC Bitcoin has formed a small double top pattern, with the small top on the right slightly higher than the left, but the trading volume on the top of the left is significantly higher than that on the right. This indicates that the current pullback momentum is insufficient, which may lead to further declines. It is expected that it may encounter resistance when it rises to around 63,300 again, and may fall to around 62,400.
For this small market, it is recommended to pay attention to the rebound after the price falls to the middle track support. You can consider entering the market near 62,000, building positions in batches, and setting a stop loss near 59,800. The current profit and loss ratio is calculated as 1.79 based on the first stop profit position, which has a relatively good cost performance.
As for ETH, it is relatively strong relative to the overall market. It is expected that there may be a small pullback. It is recommended to connect positions near 3410 and then cover positions in batches. If it falls below 3315, consider stop loss.
The specific trading strategy is as follows:
BTC
Direction: Long entry: 62050 - 60850 - 60350
Take profit: 63180 - 64110 - 65110 - 66210
Stop loss: 59850
ETH
Direction: Long entry: 3407 - 3376 - 3340
Take profit: 3455 - 3496 - 3566 - 3609
Stop loss: 3315
The above strategy is time-sensitive and is for reference only. Investors should adjust specific trading strategies and stop loss settings according to the actual market trends and their own risk tolerance.
