#大户持仓变化 Tuesday's quick overview of Bitcoin and Etuarium market conditions:


Technical indicators are weakening layer by layer. On the four-hour chart, the price is firmly hugging the lower Bollinger Band, showing that the bulls are clearly exhausted, and the bears have now taken control. Although on the one-hour timeframe there is still some short-term tug-of-war between bulls and bears, and MACD shows signs of a crossover, there are no strong rebound signals yet. The downward momentum is rapidly building.
The key strategy for the afternoon is straightforward—mainly bearish, focusing on these two ranges:
For BTC: Enter short positions between 86500-87000, with the first target at 83000.
For ETH: Enter short positions in the 2950-2980 range, with the target around 2800.
The rhythm of $BTC and $ETH 's movements warrants ongoing attention, as short-term correction pressures are indeed increasing.
BTC1.53%
ETH-0.23%
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
  • 1
  • Repost
  • Share
Comment
0/400
Discoveryvip
· 8h ago
Indicators for BTC and ETH are weakening; in the short term, correction pressure is increasing while the specified levels remain critical.
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)