The current structure is quite clear: the bearish trend remains the main theme. There are rebounds, but the strength has been weak, and overall it’s a weak oscillation downward.
From the market perspective, there’s a high probability of a technical rebound during the day, but the space won’t be too large. It’s more like a pause after a significant decline, not a true reversal. So the approach remains the same—look for a good position to short on rebounds, follow the trend, and avoid going against it.
Two key points to remember in trading: 1. Wait for a good entry point during the rebound, don’t chase after the move; 2. Manage your position size carefully and always include risk control.
Reference levels: Bitcoin: Short around 68,200–69,500, watch for a break below 67,000; if it breaks effectively, look toward 66,000 and below. Ethereum: Short around 1,985–2,020, target 1,955–1,900.
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.
Wednesday Morning Outlook
The current structure is quite clear: the bearish trend remains the main theme. There are rebounds, but the strength has been weak, and overall it’s a weak oscillation downward.
From the market perspective, there’s a high probability of a technical rebound during the day, but the space won’t be too large. It’s more like a pause after a significant decline, not a true reversal. So the approach remains the same—look for a good position to short on rebounds, follow the trend, and avoid going against it.
Two key points to remember in trading:
1. Wait for a good entry point during the rebound, don’t chase after the move;
2. Manage your position size carefully and always include risk control.
Reference levels:
Bitcoin: Short around 68,200–69,500, watch for a break below 67,000; if it breaks effectively, look toward 66,000 and below.
Ethereum: Short around 1,985–2,020, target 1,955–1,900.
Trade with the trend, don’t fight against it. #元宵赏月领红包 #欧盟计划推出央行稳定币 #Strategy上周购入3,015枚比特币 #原油价格飙升 $BTC $ETH