#以太坊行情解读 The weekly close has been completed. Last week, there was Unfavourable Information suppressing the market, but this Monday, it rebounded strongly right after the opening.
For $BTC, the key point is after breaking 906 - the positions of 925 and 945 will become opportunities to short. However, those holding positions should be careful; don't be greedy and chase the high before a confirmed pullback.
Although the daily chart is experiencing a rebound, there hasn't been a significant pullback confirmation from the opening to the closing in the smaller time frames. In this case, those without positions should refrain from following the trend. It would be more stable to enter long positions when the price pulls back to key support. Will there be another round of adjustments tonight followed by a rise? What does everyone think?
**Key Levels of $BTC Trend**: - Pay attention to the defense line at 89600.3. As long as the hourly line does not break this position, the bullish momentum remains. Next, focus on the resistance around 90556.6, 91457.1, and 92349.4. - Conversely, if it falls below 89600.3 at night, this hourly rebound may come to an end. Then we will have to look at the support levels below at 88623.9, 87679.5, and 86603.3.
**$ETH Synchronization Analysis**: - The key point on the 1-hour chart is at 3041.43. As long as it holds here, the rebound will continue. Focus on the resistance levels at 3072.97, 3104.21, and 3134.89 above. - If the 1-hour chart breaks below 3041.43, the rebound will be declared over, with support levels at 3013.40, 2984.28, and 2949.80.
The two currencies are moving in the same direction, and currently, the bulls are still dominant, but we need to wait for a pullback before confirming.
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SigmaValidator
· 4h ago
The strength of this rebound is indeed fierce, but I'm afraid to chase the price, worried that there will be another incident at night.
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Liquidated_Larry
· 4h ago
It's this trap again, pullback confirmation, key support, long positions momentum... I've heard it so much that my ears are calloused, just want to know how it will move tonight?
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MEVEye
· 4h ago
I feel this rebound is a bit fake, there hasn't even been a confirmation on the small timeframes, get out of positions and wait for a safer pullback.
Can 89600 really hold? It feels like it could get dumped easily at night.
It's the same old story again, with long positions dominating and waiting for confirmation.
That 3041 level for ETH feels a bit fragile; if it breaks, we have to rush down to find support.
I'm not getting involved; if I do, I'll get trapped when it pulls back.
I really dislike this kind of market, rebound after rebound, always waiting for a pullback.
It's hard to grasp, brothers, it's more comfortable to just observe.
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MetaReckt
· 5h ago
I think this rebound is indeed a bit虚, confirming this area is very critical.
If there is no obvious confirmation, don't be greedy, it's more solid to wait for the support level to enter the market.
If 89600.3 breaks, it will really be troublesome, then we will see if the support below can hold.
ETH and BTC are in sync, it still feels like long positions have the advantage, but I will still wait for a confirmation on the pullback before taking action.
This kind of rebound is easy to give people the wrong impression, if there is a further adjustment at night, it can verify whether the long positions are really strong.
#以太坊行情解读 The weekly close has been completed. Last week, there was Unfavourable Information suppressing the market, but this Monday, it rebounded strongly right after the opening.
For $BTC, the key point is after breaking 906 - the positions of 925 and 945 will become opportunities to short. However, those holding positions should be careful; don't be greedy and chase the high before a confirmed pullback.
Although the daily chart is experiencing a rebound, there hasn't been a significant pullback confirmation from the opening to the closing in the smaller time frames. In this case, those without positions should refrain from following the trend. It would be more stable to enter long positions when the price pulls back to key support. Will there be another round of adjustments tonight followed by a rise? What does everyone think?
**Key Levels of $BTC Trend**:
- Pay attention to the defense line at 89600.3. As long as the hourly line does not break this position, the bullish momentum remains. Next, focus on the resistance around 90556.6, 91457.1, and 92349.4.
- Conversely, if it falls below 89600.3 at night, this hourly rebound may come to an end. Then we will have to look at the support levels below at 88623.9, 87679.5, and 86603.3.
**$ETH Synchronization Analysis**:
- The key point on the 1-hour chart is at 3041.43. As long as it holds here, the rebound will continue. Focus on the resistance levels at 3072.97, 3104.21, and 3134.89 above.
- If the 1-hour chart breaks below 3041.43, the rebound will be declared over, with support levels at 3013.40, 2984.28, and 2949.80.
The two currencies are moving in the same direction, and currently, the bulls are still dominant, but we need to wait for a pullback before confirming.