In the early hours, the market relied on bullish momentum to surge to around 70100, then faced resistance and pulled back to the 68500 level. Subsequently, it maintained a range-bound consolidation pattern; the 70000 resistance level showed significant pressure, demonstrating strong suppression. Continue to adopt a high-short strategy. Trading Recommendations Short positions around 69500-70000 for Bitcoin, targeting 67000-67500 Short positions around 2060-2090 for Ethereum, targeting 1890-1920$BTC $ETH #Gate全球注册用户突破5000万
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Morning Analysis
In the early hours, the market relied on bullish momentum to surge to around 70100, then faced resistance and pulled back to the 68500 level. Subsequently, it maintained a range-bound consolidation pattern; the 70000 resistance level showed significant pressure, demonstrating strong suppression. Continue to adopt a high-short strategy.
Trading Recommendations
Short positions around 69500-70000 for Bitcoin, targeting 67000-67500
Short positions around 2060-2090 for Ethereum, targeting 1890-1920$BTC $ETH #Gate全球注册用户突破5000万