Ma Qianpao Chen Ping'an Market Level Share BTC.ETH 6.6

Good afternoon, brothers. Trump and Musk are at each other's throats, it's a heavenly fight, the US stock market has plummeted, the cryptocurrency market has collapsed, and retail investors are suffering. Such news-driven market conditions are truly something a dog would shake its head at. Technical analysis is of little use; it's purely a play on news!

Back to the market, currently, it's quite clear that after breaking below 103700, the short-term effective support below will be at the weekly level of 95000-93000. For the four-hour chart, we are currently watching 100500; if it doesn't break below, it will test the upper levels of 103500-104800-105500. If it breaks below, we will look at the positions of 98000-95000-93000. $BTC

Then there’s Ethereum.

In the morning session, the daily line closed with a large bearish candle. The short-term major pullback levels of 2300-2200 I mentioned earlier, if it breaks below, it will initiate a large pullback. Currently, on the four-hour chart, we are watching 2380; if it doesn’t break below, it will test the upper levels of 2450-2480-2520-2550. If it breaks below 2380, we will look down to 2300-2200 for a rebound. $ETH

For today’s operations:

For Bitcoin, look at the levels of 103500-104800.

Watch the pressure points for short positions.

For Ethereum, look at the levels of 2480-2520.

Watch the pressure points for short positions.

Still, that’s the thing: if you hold onto the pressure support levels and trade long or short with thin margins, where can you lose? You must know that the market is waited out, not made. Don’t use your subjective judgment to determine the market; instead, go with the current market trend and follow the momentum!