Daily K Trend Analysis: Bitcoin closed yesterday with narrow oscillation and a bullish candlestick, the lower shadow did not break below the moving average, continuing the previous day’s signal. Bitcoin is moving in a wedge-like adjustment shape at the hourly level, but there are technical traps. Wedge adjustments usually appear in the fifth wave of a five-wave structure, while we are currently still in the continuation of Wave 3, so a breakdown cannot be viewed too low. Bullish volume is showing a contraction state, with reduced trading volume, indicating possible intraday pullback but limited in magnitude. The current position has reached a strong support area, any shorting operations must reduce position size to avoid explosive risk. Shorting should only aim at taking profits from pullbacks and should not be heavily leveraged.#以色列伊朗冲突
ETH Ethereum 2,300 Wave 1 High Point Long Opportunity, 2,520 Mystical Resistance Point Short with very small position.#以太坊走势观察
Previous Review: The only resistance level given yesterday, 107,600, was not touched and continues to be effective today. Strong support area prediction continues to verify its correctness — Bitcoin directly V-rebounded after reaching the strong support area, and the spot buying zone is confirmed by the market.
Resistance Level 1: 107,600 (Bearish Bat Position +1.13 False Breakout Position Overlap, but not aligned with Wave High Point, reduce position size for opening trades)
Support Level 1: Dynamic Support Level (Using Fibonacci Retracement, based on the low point of Wave 2 and the high point of Wave 3, focusing on the overlap at 0.618 with the top of Wave 1)
Ethereum Support: 2,300 (Top of Wave 1 position, application of four-wave retracement theory)
Ethereum Resistance: 2,520 (Mystical Position, corresponds with the second probe point, strong resistance at the 4-hour level)$BTC
For more detailed point analysis, please watch today’s market analysis video, which contains detailed explanations! Follow Along as I study candlesticks, let’s meet at the peak together! Keep an eye out to not get lost, and get daily updates on the latest point interpretations!