$BTC $ETH Ethereum early morning linked with Bitcoin to rise together, the price once broke through the 2400 level, currently pulling back to hover around 2380-2370 for consolidation.


From the market perspective, bullish momentum has clearly slowed, and signs of stagnation at high levels are gradually appearing.
This round of rally was mainly driven by Bitcoin; after a continuous unilateral surge, the market has accumulated a large amount of unrealized profits, with potential pressure for concentrated profit-taking. At the same time, short-term indicators have entered overbought territory, and technical correction needs have increased.
Although the larger trend remains bullish, the short-term has entered a high-position trading zone, with higher risk in chasing the rally.
Current key zones:
Resistance above: 2380–2400
Support below: 2300–2320
Trading ideas:
For short-term: Rebounds to the 2380–2400 range can be used to gradually establish short positions, targeting first at 2320, and if it breaks below effectively, then further down to 2280.
If the price tests and stabilizes around 2300–2320, consider light long positions, with quick entry and exit, strictly controlling risk.
Overall, the short-term strategy is mainly high-level shorting, with low-level longing as a supplement, avoiding emotional chasing, and patiently waiting for confirmation signals at key levels.
#Gate13周年Dr.Han公开信 #加密市场小幅下跌
BTC5,04%
ETH8,66%
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