BTC daily chart:
1. The price has risen from 52550-66500, the 50% position of the correction, around 59000, to the previous high point of around 66500! Now it has entered the important pressure zone of 66500-70000! Pay attention to the price reaction here! Do not chase high prices!
2. After hunting at 66500, a large number of short stop loss orders will be closed, and the price has the probability of retreating! First look at the two gaps 64500, 62800-62000!
3. If the price reaches 66500, then there is a chance that it will continue to rise to 68400-70000!
BTC 1 hour:
The condition for shorting H1 is that 65460 is broken to form a structural destruction! If it rebounds to the 66000-66500 area, you can short! If it does not fall below here, do not short easily, because the price still has the probability of continuing to test the upper daily pressure zone!
ETH daily chart:
1. The price is still fluctuating in the 2100-2800 range! The upper edge of the range is about to be tested!
2. If 2680-2730 can be reached, there is a chance that it will rise to 2800!
3. If 2680-2730 is rejected, then a pullback to 2550-2500 will be my buying opportunity!
ETH 1 hour:
If the price falls below 2615, the structure will be destroyed and the price will rebound to 2620-2650, which will meet the conditions for short selling! At present, we will focus on whether 2615 is effectively broken! Otherwise, the price still has the probability of continuing to rise to 2680-2730!
The information and data involved in this content are derived from publicly available materials, and we strive to be accurate and reliable, but we do not guarantee the accuracy and completeness of the information. The content does not constitute any investment advice, and you are solely responsible for investing based on it!
