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Bitcoin and Ethereum Bulls and Bears Battle Depends on Tonight!
Exclusive analysis by the reversal master: Recently, Bitcoin (BTC) and Ethereum (ETH) have been moving within wide-range oscillation and bottom-building patterns. Under geopolitical bearish pressure, there is no clear trend, and key supports remain unbroken. Signs of rebound are emerging. The core of trading is to identify the high and low points within the range, avoiding blind chasing of rallies or panic selling!
Bitcoin (BTC): The 90,000 level becomes a watershed, with a clear oscillation structure
Recently, the price has been oscillating within the 87,200-90,500 four-hour range. After testing the low at 87,200, it quickly rebounded. The daily Bollinger Bands' lower band shows a bottoming signal, indicating no immediate breakdown trend.
✅ Trading key points:
- Long entry: Stabilize around 88,000-88,500, consider light positions on volume rebound, stop loss below 87,000
- Short entry: Resistance at 90,500-91,000, stop loss above 91,500, target around 89,000
- Key signals: A volume breakout above 91,000 indicates a breakdown of the oscillation structure, follow the trend to go long; if it breaks below 87,200, exit immediately and observe
Ethereum (ETH): Head and shoulders bottom pattern emerging, 3,000 is the lifeline for bulls
Following Bitcoin but with more obvious bottoming, within the 2,867-3,069 oscillation zone, a head and shoulders bottom pattern is forming. The long lower shadow on the daily chart confirms strong support between 2,870-2,920. The 3,000 level is the core battleground for bulls and bears.
✅ Trading key points:
- Long entry: Stabilize around 2,930-2,980, add positions above 3,000, stop loss below 2,860
- Short entry: Resistance at 3,050-3,070, stop loss above 3,100, target around 2,950
- Key signals: A volume breakout above 3,070 confirms the head and shoulders bottom, opening upward space; if it falls below 2,867, the pattern invalidates, and look for short opportunities
Universal market rule: As long as the pattern holds, the range is king
Currently, both Bitcoin and Ethereum are not breaking out of oscillation breakdown patterns. Do not be overly aggressive or full-sized in trading. Light positions and strict stop-loss control are key. Breakouts can be used to add positions, and holding supports and resistances secures profits!
Follow the reversal master for real-time updates on pattern break signals, grasp precise entry points, and seize every opportunity to multiply your crypto gains! 💥
#BTC #ETH #加密货币 #行情分析 #Trading Skills