Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

BTC


The 4-hour structure is still bullish, but you’ll notice that after surging to 93,932, it didn’t continue to accelerate and instead started to consolidate sideways with small candles—this is a typical post-surge correction. This phase is most prone to wick-outs and shakeouts. If you chase, it pulls back; if you hold, it chops and grinds.

Keep an eye on the 92,800–92,500 support area. If the pullback holds, watch for a second push to 93,600–93,950. If there’s a 1H breakout with volume and it holds above 94,000, there’s a chance for an upside move to 94,500–95,000.

ETH
The 4-hour trend has turned stronger, with a continuously increasing MACD showing bulls are in control, but both the 1-hour and 4-hour indicators are at high levels, so short-term sentiment is overheated—most likely to see choppy action around 3,050–3,100. Tonight, just focus on two things: if it can’t hold above 3,085–3,100, only if it stands firm is there a chance to test 3,140–3,150. On the downside, see if 3,000–2,995 can hold; if not, be prepared for a pullback to around 2,965. Do not chase highs in execution; wait for a pullback to 3,030–3,020 to go long for more stability. If it faces resistance near 3,100, only take quick short trades for a drop and exit fast. $BTC
BTC1.18%
View Original
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
0/400
No comments
  • 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)