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Ethereum bearish Technical Analysis
From a technical perspective, Ethereum has clearly encountered resistance at the key resistance level of $2990, forming a bearish upper shadow structure on the hourly chart. The price has retraced from a high of $2989 to around $2960, confirming the validity of this resistance area. Currently, the price has broken below the upward trend line established earlier this morning, and short-term momentum is showing signs of weakening.
The key resistance has shifted down to the 2970-2980 area, which has turned from previous support to resistance. If the price rebou
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Bitcoin encountered resistance and fell back after reaching a high of $88,400, currently quoted around $87,300, showing significant pressure from above. The key resistance level at $88,500 successfully suppressed the upward momentum, forming a local top structure, and the price has fallen about 1,100 points from the high, indicating that selling pressure is intensifying.
From a technical perspective, the price has surged and then pulled back at a key resistance level, forming a bearish signal. The previous support level in the 87300-87500 area has turned into a short-term resistance. If the re
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Last night, Bitcoin rebounded strongly after dipping to the $86,500 line following a lower opening of the US stock market, and quickly recovered and held above the $88,000 mark. This pullback validated the effectiveness of the support area around $86,500, indicating that the market completed a technical adjustment through a rapid washout of floating positions.
The current price holds above 88000 USD, marking the bulls' re-control of the short-term trend. The 4-hour chart shows a rebound accompanied by increased trading volume, with key indicators showing signs of strengthening. If this sup
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Looking back at the morning market, BTC experienced a slight rise, reaching a peak of around 89900. It is clear that the 90000 level still poses significant resistance. Ether surged to near 3035. The short-term long order for BTC that we set up in the morning successfully took profit with a 500-point gain, while Ether also captured a 25-point gain. The current price is around 87000.
From a technical perspective, the 90000–90500 range is not only an important psychological level but also a resistance zone that has been tested multiple times recently without establishing stability. The price has
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Futures Trading is a game against your own nature—what you are truly battling is not the market fluctuation, but the greed and fear within yourself. Remember, a Light Position allows you to breathe, a stop loss enables you to survive, and a plan keeps you clear-headed. The market is never short of opportunities, but you only have one principal; the market situation will always repeat, but human nature remains unchanged. What is most reliable is not a perfect prediction, but a calm mind amidst the fluctuations. Stay alive, take your time; your account balance ultimately serves as a ruler for yo
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From a technical perspective, BTC has formed a double bottom support at the 87800 level and has stabilized with a rebound, currently holding above the 89300 area, indicating a strong overall structure. The moving average system on the 4-hour level provides dynamic support, and the pullback lows are gradually rising, showing that long positions' defense is solid. The key resistance above is in the 89600-90000 range, and a breakout could potentially lead towards above 90500.
In terms of operation, as long as the price remains above the key support area of 89000-89500, one can maintain a bull
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This morning, Ethereum surged strongly after stabilizing around the $2980 level, reaching a high of $3060, with a one-sided rise of over 80 points. The long order we positioned in the morning successfully took profit of more than 50 points. Although the price has currently pulled back to around $3015 from the high, it still remains firmly above the key psychological level of $3000.
From a technical perspective, the morning's increased volume and spike effectively broke through key integer resistance, confirming short-term bullish momentum. The current pullback is showing a decrease in volu
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In the early morning, BTC briefly fell below $88,000, hitting a low of around $87,500 before quickly rebounding to near $88,400. This movement validates yesterday's long order layout logic, indicating that the buying power in the key support area remains solid, and the short-term selling pressure has been effectively digested. The BTC long order we set up yesterday also successfully took profit with a space of nearly 1,000 points, currently the price is around $88,300.
From a technical perspective, the price has gained strong support in the range of $87,500 to $88,000, forming a clear bott
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Looking back at the afternoon market, BTC stabilized at the 87800 level. As we approached the evening, BTC experienced a slight pump, with an upward space of nearly 1000 points, reaching a maximum of 89000 before stopping for a pullback. The long order for BTC we set up at midday directly took profit with an gain of nearly 800 points. The current price is around 88600.
From the market perspective, Bitcoin stabilized at the 87800 level in the afternoon and steadily moved up, reaching a high of 89000 USD in the evening. Although it encountered resistance and slightly pulled back, it still held s
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Last night, Bitcoin surged to around 89,400 before quickly pulling back, currently trading near 87,300. Technically, the price shows clear resistance below the key integer level, with the hourly chart displaying consecutive upper shadows indicating heavy selling pressure at high levels. Meanwhile, both MACD and RSI indicators are showing short-term bearish divergence and death cross signals, suggesting that upward momentum is gradually weakening.
The current price has broken below the short-term upward trendline. If it cannot hold the support zone at 87,000-87,200, a further correction will be
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From a technical perspective, Bitcoin has shown clear signs of a bottoming rebound after falling from the high of 89,400 to around 84,500 in the early hours. The price received strong buying support in the key support zone (86,500-86,000) and quickly rebounded to around 87,000, indicating that this decline is more likely a healthy correction of the previous rapid rise rather than a trend reversal. On the small cycle chart, both MACD and RSI indicators show exhaustion of bearish momentum, with signs of bullish divergence and golden cross, suggesting short-term rebound momentum is building.
Over
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From a technical perspective, Bitcoin quickly rebounded after reaching the 84500 level, indicating strong buying support in that area. An inverse head and shoulders pattern has appeared on the hourly chart, and the MACD indicator shows signs of bullish divergence in the oversold zone. The RSI has also rebounded from lows, and short-term bearish momentum has significantly weakened. The price is expected to oscillate and recover around the 84500-85000 support zone.
Although a deep correction occurred overnight, the daily upward trend structure remains intact. This decline can be viewed as a tech
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After the intense long and short squeeze last night, market sentiment has become cautious, and the technical structure shows clear bearish characteristics. Although Ethereum's price rebounded from the low of 2780 in the early morning, it is currently only back to around 2825, with the rebound less than one-third of the decline wave, indicating extremely weak bullish momentum. This is a typical weak technical rebound.
From a key level perspective, the high of 3030 in the early morning has become an important resistance, and the current price has already moved far away from that level. Closer re
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After the intense long-short battle last night, market volatility has temporarily contracted, but the overall structure has shifted to a weak state. Currently, the rebound from the low of 85,200 is limited in scope and weak in momentum, with prices facing resistance around 86,100. This is a typical technical correction after a decline and does not indicate a trend reversal. The bullish momentum is clearly insufficient, and the rebound is more likely due to short-term profit-taking by bears.
From a key level perspective, the 86,100 to 86,500 zone has formed an initial resistance, serving as a p
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Currently, although BTC has experienced a pullback, the rapid stabilization above the key support zone still demonstrates the resilience of the medium-term upward trend. In the afternoon, the price found strong buying support and rebounded in the 86500-86000 area (coinciding with the daily MA30 and the previous breakout platform), indicating solid bullish defense in this region. As long as this core support band is not broken with increased volume, the overall structure remains within a healthy trend consolidation.
From a technical indicator perspective, short-term bearish momentum shows signs
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From a technical perspective, Ethereum successfully stabilized around $2,880 and then strongly broke through the recent consolidation range, currently standing above $2,955. The hourly chart shows the price moving along the upper band of the Bollinger Bands, with the MACD forming a golden cross above the zero line, and volume gradually increasing, indicating strong short-term buying momentum. If it can hold above $2,950, the next target will be the psychological levels of $2,980-$3,000.
The market structure shows positive signals, with the 4-hour chart forming a bullish "Morning Star" pattern,
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GateUser-3295427evip:
It's just a rebound. How strong can it be?
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