🌸 Bitcoin rebounded last night but failed to effectively break through the 68000 resistance level. Today, it is expected to retrace and confirm the bottom support, currently supported at the 66000 mark. Here, attention should be paid to the strength of the bullish rebound; 66800-67000 is a minor resistance for tonight, and the bulls will only continue if it stabilizes above this level. Otherwise, it cannot effectively break through and stabilize. There will also be a low point trend tonight, so watch for support at 65500-66000. If broken, look for support around 63000-64000. The overall trend has not yet shown a peak signal. After a short-term small structural consolidation, it is still expected to continue upward. Once it breaks and stabilizes above the 67800-68000 pressure, resistance will return to an upward trend, with future targets at 69500/70500.
🌸 Ethereum has long struggled to break through 2660-2680. Today, it is linked to Bitcoin for a retracement to confirm bottom support, currently forming support at 2550-2570. This evening, watch for resistance at 2600-2610; it will only continue to rebound if it stabilizes above. Otherwise, it will continue to test the bottom. Support below is at 2550-2570, and if broken, look near 2500-2520. Ethereum, like Bitcoin, will continue upward after completing a short-term small structural consolidation. Once it breaks and stabilizes above the 2660-2680 resistance, the target is set at 2800/3000.
🌸 Spot Strategy:
1: Those who have already reduced their positions yesterday should refrain from operations for now and wait for another low point. First, look for support around 65000-65500. If this level is not broken during the retracement tonight, it can be attempted to enter. If it breaks, wait for the low point around 63000-64000 to start increasing positions.
2: For those who did not reduce their positions yesterday, just continue holding the existing 70% position. If it reaches 63000-64000 later, directly increase the position by 20%. Since your position is already significant, there is no need to add more if it stabilizes at 65000-65500.
3: If there is a strong bullish rebound action tonight, those with heavy positions should continue to monitor the 67800-68000 resistance level. If it breaks and stabilizes, continue to hold the existing spot. The market target is 69500/70500. If the resistance remains unbroken, those trading in segments can continue to take profits and reduce positions.
4: For those who reduced their positions in profit around 2660-2680 in Ethereum a few days ago, if you want to buy back, you can start at around 2500-2550.
5: At 2 AM, the Federal Reserve will announce the Beige Book on economic conditions, which will cause fluctuations in the market.