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Early trading saw the bitcoin price dip and consolidate around 68000, with a second test down to approximately 67500 before stabilizing. Subsequently, the price rebounded and recovered to around 68500 before facing selling pressure and declining again to around 68000 for consolidation. For Ethereum, it mirrored Bitcoin's movement, testing down to around 2035 before stabilizing, with highs recovered to around 2070 facing resistance. Early session live trading positioned long orders around 67600 for Bitcoin, taking profits as the market recovered to around 68400, capturing 800 points of gains. Ethereum positions followed suit, capturing 25 points.
From a daily chart perspective, Bitcoin shows a reversal after consecutive down days into an Asian session consolidation phase. The price has continuously tested downward from the upper band, consolidating near the mid-band before potentially continuing toward the lower band. However, the current pullback appears to be within a phase of downtrend decline. The market is currently in a consolidation phase within a weak regional structure. Short positions at higher levels can be maintained, but the current level does not warrant aggressive shorting. On the 4-hour timeframe, it continues exploring toward the bottom, with the second test near 67000 showing signs of stabilization. There's been a short-term rebound, but attention remains on whether 69000 acts as a reversal point and forms a second resistance structure. For now, attempting long positions in the short term is viable, monitoring resistance around 69000.
Bitcoin can go long at 67500-68000, targeting 69000 area, with sustained breakdown continuing toward 70000 and above. Ethereum can go long at 2020-2050, targeting the 2080-2100 zone. #加密行情震荡 $BTC $ETH