Time 0126
BTC: The market has withstood the selling pressure of GBTC for two consecutive days on the 24th and 25th without any significant decline. The impact of subsequent GBTC selling on the market will be increasingly limited. From a morphological point of view, the one-hour level pie forms a triangle convergence structure, and is expected to rebound further after a breakthrough.
The support levels are 39500 and 38500, and the pressure levels are 40200, 40700 and 41300.
ETH: Weakness follows the big pie. There should also be a rebound within the day. The support levels are 2180 and 2120, and the pressure levels are 2260 and 2340.
Action recommendation: Neutral. The market will then trade sideways for a few weeks, digesting the selling pressure from Grayscale. Then within 1 to 2 months, it rebounded to around 46,000 to form the right shoulder of the head and shoulders top.
Watch more and move less, place an order at the support level to buy the bottom.
