Daily trend analysis: Bitcoin closed with a bullish candle yesterday, and the bearish volume continues to weaken. The daily level remains in a continuous strong upward trend. Bitcoin is currently in a contradictory state—strong on the daily chart and a divergence with a small-scale volume increase. The third wave extension is not yet complete, but it is far from the first wave peak, raising doubts about whether it can continue to rise if it retraces below 0.618. Overall market conditions are difficult to operate, requiring refined position management. Currently, all short positions are counter-trend operations, and positions must be reduced to half or even less than usual.#比特币走势分析
ETH Ethereum trend line support for long positions, half position short at the right shoulder position of the head and shoulders, and pay attention to harmonic pattern support subsequently.#以太坊走势观察
Previous review: The predicted pressure level of 2,520 yesterday was perfect, hitting it exactly before falling, having dropped nearly 70 points, an impressive performance! The 107,600 short position repeatedly reminded to open a small position (usually 1/5 of the position). Last night, it repeatedly tested this level, ultimately triggering a stop loss of 500 points, but the impact was limited due to the small position.
BTC resistance level 1: 109,200 (downward trend line resistance + 0.786 + 0.886 overlapping position, small position operation)
BTC support level 1: 103,900 (50% retracement + wave high point support and resistance interchange overlap)
BTC support level 2: 103,000 (0.618 retracement + double technical level overlap)
Ethereum strategy: Upward trend line support (can be aggressively long) head and shoulders top right shoulder position (short opportunity, combined with MACD divergence)$ETH
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