Current Market Overview: Bitcoin holding strong, Ethereum grinding sideways, both awaiting direction



Bitcoin: 73300 is the line in the sand
Bitcoin is hovering around 73300 right now, which is an extremely strong daily support level. If this zone holds, the technical setup still has room to move higher.
Two resistance levels are clearly visible above:
First resistance: 74800
Second resistance: 75300

Core logic: If 73300 holds today without breaking below, there's a high probability we'll test 74800 or even 75300. But if 73000 breaks, don't bother thinking—we're opening a waterfall.

Ethereum: Old bull pulling the heavy cart
Ethereum is now above 2300, moving even more sluggishly than Bitcoin. It's been stuck around the 2290 support level, can't go up, can't get pushed down either.
Typical characteristics:
Weak upside: One small rally then it's exhausted, no momentum
No sharp decline: No selling pressure either, just grinding
Indicates both bulls and bears are waiting and watching, no one dares to move first.

Trading Strategy:
Keep a close eye on Bitcoin's 73300 zone:
No breakdown: Wait for a push to 74800-75300
Breaks 73000: Exit, the waterfall is coming
For Ethereum, watch 2290; if it breaks, follow Bitcoin's move.
Follow Moyan, focus on contract spot ambush positions, the squad still has openings—get on board quickly#币 $BTC $ETH
BTC-2,11%
ETH-4,26%
View Original
post-image
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin