The market usually extends overnight trends and undergoes technical adjustments, with a focus on key support and resistance levels. (Trump mentions tariffs again; the Fed's rate cut next week is gaining momentum)
The Bitcoin 110,000 support line has been broken, closing below 109,200 on the 4-hour chart, structure has turned bearish. Ethereum has just broken below the key support level of 3,900, and the hourly chart shows a descending channel. 🎯 Key support and resistance levels BTC 109,800-110,300 (rebound resistance) 107,300-107,500 (last line of defense for bulls) 106,200→104,600-103,300 (break support) ETH 3,960-4,000 (pullback resistance) 3,855-3,788 (stepped support) 3,750→3,680-3,550 (break support)
trading strategy 1. Main Short Strategy - BTC109,500-110,000 short, stop loss 110,500 - ETH 3,920-3,950 short, stop loss 4,000 - Target to reduce positions at the support area
2. Bullish Defense - 107,300-107,500 (BTC) / 3,788-3,855 (ETH) light position attempt to go long - Breakout at 107,000 / exit at 3,750
3. Follow the trend after breaking the level - If BTC falls below 107,300, short it to 106,200 - If ETH falls below 3,788, short it to 3,680.
Do not blindly bottom fish! All orders must have stop-losses; it is better to miss out than to make a mistake.
I hope this strategy can help you with your trading today. The above analysis is based solely on current market information and does not constitute any investment advice. Good luck to everyone! Make a fortune! #加密市场观察 #今日你看涨还是看跌? #中美贸易战新进展
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📊 Daytime (trading hours) trading strategy
The market usually extends overnight trends and undergoes technical adjustments, with a focus on key support and resistance levels. (Trump mentions tariffs again; the Fed's rate cut next week is gaining momentum)
The Bitcoin 110,000 support line has been broken, closing below 109,200 on the 4-hour chart, structure has turned bearish.
Ethereum has just broken below the key support level of 3,900, and the hourly chart shows a descending channel.
🎯 Key support and resistance levels
BTC
109,800-110,300 (rebound resistance)
107,300-107,500 (last line of defense for bulls)
106,200→104,600-103,300 (break support)
ETH
3,960-4,000 (pullback resistance)
3,855-3,788 (stepped support)
3,750→3,680-3,550 (break support)
trading strategy
1. Main Short Strategy
- BTC109,500-110,000 short, stop loss 110,500
- ETH 3,920-3,950 short, stop loss 4,000
- Target to reduce positions at the support area
2. Bullish Defense
- 107,300-107,500 (BTC) / 3,788-3,855 (ETH) light position attempt to go long
- Breakout at 107,000 / exit at 3,750
3. Follow the trend after breaking the level
- If BTC falls below 107,300, short it to 106,200
- If ETH falls below 3,788, short it to 3,680.
Do not blindly bottom fish! All orders must have stop-losses; it is better to miss out than to make a mistake.
I hope this strategy can help you with your trading today. The above analysis is based solely on current market information and does not constitute any investment advice.
Good luck to everyone! Make a fortune!
#加密市场观察 #今日你看涨还是看跌? #中美贸易战新进展