1-hour cycle: Price oscillates and breaks through the downtrend channel, with downside space gradually opening up; the market rhythm is relatively slow, with pullbacks accompanied by repeated repairs, frequent switching between long and short momentum, but the overall oscillating downtrend pattern is clear. Short-term focus on selling rebounds.
4-hour cycle: Overall still in a downtrend, with short-term rebounds and pull-backs being oscillating repeats in a weak market, likely to fall again after rallying higher, continuing the weak pattern. The core intraday thinking is selling on pull-backs meeting resistance at highs, maintaining a short strategy.
Operation Suggestions BTC: Set up short positions around 73700-74200, target around 71700-72200 ETH: Set up short positions around 2200-2300, target around 2050-2080$BTC $ETH #Gate广场AI测评官
Early Morning Analysis
1-hour cycle: Price oscillates and breaks through the downtrend channel, with downside space gradually opening up; the market rhythm is relatively slow, with pullbacks accompanied by repeated repairs, frequent switching between long and short momentum, but the overall oscillating downtrend pattern is clear. Short-term focus on selling rebounds.
4-hour cycle: Overall still in a downtrend, with short-term rebounds and pull-backs being oscillating repeats in a weak market, likely to fall again after rallying higher, continuing the weak pattern. The core intraday thinking is selling on pull-backs meeting resistance at highs, maintaining a short strategy.
Operation Suggestions
BTC: Set up short positions around 73700-74200, target around 71700-72200
ETH: Set up short positions around 2200-2300, target around 2050-2080$BTC $ETH #Gate广场AI测评官