$BTC $ETH Bitcoin and Ethereum intraday strategy is mainly to buy on dips, focusing on correction rather than reversal. Last night's decline was essentially driven by emotional release and technical breakdown inertia, but from the current market situation, no trend-level reversal structure has formed. BTC and ETH are both in a low-volatility zone after the decline, with prices trading below short-term moving averages. However, the downward momentum is clearly weakening, new lows are not being made, volume is not keeping up, and this is more about the correction phase after panic selling. The long positions here are not about catching the bottom or betting on a V-shaped reversal, but are based on the sufficient release of short-term declines, repeated confirmation of key support levels below, and the intraday technical pullback demand.
Buy around 71,000 for Bitcoin Target: 72,000, 74,000 Stop loss: 70,400
Buy around 2,090 for Ethereum Target: 2,130, 2,170 Stop loss: 2,060
In terms of operation, use the previous low as a reference for a pullback that doesn't break it. Light positions on dips, quick in and out. Take profits at resistance levels when bouncing, avoid greed and overholding.
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$BTC $ETH Bitcoin and Ethereum intraday strategy is mainly to buy on dips, focusing on correction rather than reversal. Last night's decline was essentially driven by emotional release and technical breakdown inertia, but from the current market situation, no trend-level reversal structure has formed. BTC and ETH are both in a low-volatility zone after the decline, with prices trading below short-term moving averages. However, the downward momentum is clearly weakening, new lows are not being made, volume is not keeping up, and this is more about the correction phase after panic selling. The long positions here are not about catching the bottom or betting on a V-shaped reversal, but are based on the sufficient release of short-term declines, repeated confirmation of key support levels below, and the intraday technical pullback demand.
Buy around 71,000 for Bitcoin
Target: 72,000, 74,000
Stop loss: 70,400
Buy around 2,090 for Ethereum
Target: 2,130, 2,170
Stop loss: 2,060
In terms of operation, use the previous low as a reference for a pullback that doesn't break it. Light positions on dips, quick in and out. Take profits at resistance levels when bouncing, avoid greed and overholding.