Charging failure, return to adjustment.


Unfortunately, Dogecoin is just one step away from a breakthrough, while Bitcoin is struggling to break below 71,400 and 2,197, respectively, with difficult sideways consolidation. The long-awaited major reconciliation has not arrived; instead, there have been reports of Russian cruise ship attacks, Iran charging tolls in the Strait of Hormuz, and unrecognized statements from the Secretary-General. The frequent fluctuations in the market are very unfavorable for bulls.
Learning is like sailing against the current; if you don't advance, you fall behind. The same applies to prices. When they can't break through resistance and no positive news emerges, and with liquidity generally tightening, impatient bulls cast their votes against.
Since the adjustment has occurred, let's update the strategy, look forward, and don't worry.
BTC: 69,000-71,400 is the current large trading range. The upper boundary at 71,400 has not been broken, serving as a major resistance level. Currently, the key test is whether the midpoint of the range at 69,800-70,250 can hold steady. If it stabilizes, a move toward 71,400 is possible. The lower boundary at 69,000 is support; if broken, the next target is the larger range of 67,150-69,000.
Trading suggestion: Short-term bearish momentum is strong, so consider adding shorts around 70,600, with 71,000 as a stop-loss.
ETH: Currently, 2,139 has been broken downward, turning into resistance. Support is at 2,100. The range 2,139-2,170 is the upper half, while 2,100-2,139 is the lower half.
In terms of operation, consider adding to longs around 2,140-2,150, provided that 2,100 is not broken downward. If adding to Dogecoin, the profit/loss ratio around 2,075 is worthwhile. $BTC $ETH
BTC-2,5%
ETH-4,84%
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OldManUvip
· 3h ago
The WeChat account has been suspended for seven days😅
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