Monday Daytime BTC/ETH Daily Analysis and Operations:
Observing the four-hour chart, after a significant pullback from the previous period, the market shows clear signs of recovery for Bitcoin. The first round of rebound encountered resistance at the 115,500 level and fell back. Currently, it is in the second rebound phase. Although it has broken through the previous high, it has not yet conquered the key resistance level of 116,000. Today's trading needs to focus on the release of bullish momentum: if it can successfully break through the 116,000 resistance level, there is hope to challenge the 120,000 integer mark before the end of the month; if it encounters resistance and falls back at this position, it may enter a consolidation phase in the short term, but the overall upward trend remains unchanged, and further increases can still be expected after the consolidation. Based on the current market structure, today's core trading strategy is primarily to buy on dips, with a light short strategy as a supplement near the key resistance level.
The price of BTC is around 114000-114500. For the short term, first look at 116200 and 117000; if it meets expectations for a breakout, the swing target can be seen at 120000.
ETH is between 4150-4180. If it gains support in this range, the first target is 4250, and after breaking through, it can further be looked at 4300. #BTC #ETH #CPI数据来袭 #你最看好哪个GateFunMeme? #比特币行情预测
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Monday Daytime BTC/ETH Daily Analysis and Operations:
Observing the four-hour chart, after a significant pullback from the previous period, the market shows clear signs of recovery for Bitcoin. The first round of rebound encountered resistance at the 115,500 level and fell back. Currently, it is in the second rebound phase. Although it has broken through the previous high, it has not yet conquered the key resistance level of 116,000. Today's trading needs to focus on the release of bullish momentum: if it can successfully break through the 116,000 resistance level, there is hope to challenge the 120,000 integer mark before the end of the month; if it encounters resistance and falls back at this position, it may enter a consolidation phase in the short term, but the overall upward trend remains unchanged, and further increases can still be expected after the consolidation. Based on the current market structure, today's core trading strategy is primarily to buy on dips, with a light short strategy as a supplement near the key resistance level.
The price of BTC is around 114000-114500. For the short term, first look at 116200 and 117000; if it meets expectations for a breakout, the swing target can be seen at 120000.
ETH is between 4150-4180. If it gains support in this range, the first target is 4250, and after breaking through, it can further be looked at 4300. #BTC #ETH #CPI数据来袭 #你最看好哪个GateFunMeme? #比特币行情预测