Today's Market Analysis


On the third day of the holiday, the market seems calm, but in fact, bulls and bears are repeatedly tugging at key levels, with no clear trend.
BTC surged overnight above 79,000 then pulled back, ETH touched 2,342 before retreating to around 2,310 for consolidation.

On the 4-hour chart, BTC rebounded from support at 74,800, forming a V-shaped reversal, with short-term bulls slightly stronger, but approaching the critical resistance at 79,500. The longer it consolidates above the previous high, the greater the risk of a correction.
Currently, the price is relatively high, volatility is narrowing, blindly chasing longs offers a poor risk-reward ratio, and aggressive long entries are not recommended.

Trading Suggestions:
$BTC : Short at 78,500–79,000, target around 7,700
$ETH : Short at 2,310–2,330, target around 2,250$LAB #WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍
BTC0.45%
ETH0.97%
LAB-47.14%
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