BTC initially surged to a stage high before entering a period of consolidation. In the morning, a solid bearish candle directly broke through the consolidation platform, resulting in a sharp decline with a "cliff-like" downward trend, quickly plummeting from near 91000 to around 86400. The bearish forces were concentrated and accompanied by panic selling, establishing a short-term downward trend. Currently, it is weakly consolidating around 86000, and the 1-hour K-line has not shown any solid rebound bullish candlestick. The range of the consolidation is narrowing, reflecting the weak ability of short-term bulls to hold and a lack of effective rebound momentum.
The resistance range is at 89000, and the support below is at 86000.
Operation strategy
BTC rebounded to the range of 87500-88000, targeting 86000 and looking down at 84500. ETH rebounded to the range of 2850-2880, with a target of looking down to 2750 below 2800.
Pay attention to whether the resistance of 89000 is突破, and adjust the direction in a timely manner! Personal advice, for reference only, not a recommendation for investment or financial management!
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Monday daytime BTC ETH strategy
BTC initially surged to a stage high before entering a period of consolidation. In the morning, a solid bearish candle directly broke through the consolidation platform, resulting in a sharp decline with a "cliff-like" downward trend, quickly plummeting from near 91000 to around 86400. The bearish forces were concentrated and accompanied by panic selling, establishing a short-term downward trend.
Currently, it is weakly consolidating around 86000, and the 1-hour K-line has not shown any solid rebound bullish candlestick. The range of the consolidation is narrowing, reflecting the weak ability of short-term bulls to hold and a lack of effective rebound momentum.
The resistance range is at 89000, and the support below is at 86000.
Operation strategy
BTC rebounded to the range of 87500-88000, targeting 86000 and looking down at 84500.
ETH rebounded to the range of 2850-2880, with a target of looking down to 2750 below 2800.
Pay attention to whether the resistance of 89000 is突破, and adjust the direction in a timely manner!
Personal advice, for reference only, not a recommendation for investment or financial management!