Monday BTC ETH strategy



Currently, BTC is showing a "weak rebound + strong resistance" oscillation pattern, with three consecutive daily bullish candles failing to reverse the previously formed downward channel, consolidating near EMA15 (88700).
On the trend level, after the EMA indicator at the 4-hour level contracted, there have been multiple attempts to push upward that have failed. Throughout the rebound process, bearish pressure has always been present. The short-term resistance zone formed by the 20-period and 50-period moving averages has not yet been broken, and the integrity of the downward trend structure has not been damaged.

Day trading direction
BTC rebounded to the range of 89000-89800, with a target of looking down at 87000 and 85500.
ETH rebounded to the 3050-3080 range, target 3000 looking down at 2920
BTC0,51%
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