Market Hotspot Dispatch
The Trump administration has imposed tariffs on Brazil and India, global risk aversion sentiment is rising, but the cryptocurrency market has yet to break out of its oscillation pattern! Yesterday, two waves of short positions took small profits, and after a midnight surge, the pullback showed weakness. Currently, the focus remains on short positions, be cautious of tonight's **initial jobless claims data triggering market movements!
BTC Technical Analysis
Daily chart shows alternating bullish and bearish patterns, with intense long and short battles, difficult to break the range without volume!
Key Resistance: 115600, 116000, 117000, 118900, 119500
Key Support: 113300, 112600, 111800, 111200, 110000
Trading Strategy
Short Positions
Aggressive: Short at 115000-115500, stop loss at 116500, targets at 114000→113300→112600
Conservative: Short near 116000, stop loss at 116500, targets as above for swing profits!
Long Positions
Initially long at 112000-112500, stop loss at 111000, targets at 113500→114000
ETH Technical Analysis
Correlating with BTC's oscillation, 3680-3730 shows dense resistance, while 3550 serves as the bullish defense line!
Key Resistance: 3680, 3700, 3730, 3760
Key Support: 3600, 3570, 3540, 3500
Trading Strategy
Short Positions
Aggressive: Short at 3680-3700, stop loss at 3760, targets at 3600→3570→3540
Conservative: Short near 3730, stop loss at 3760, targets move down synchronously!
Long Positions
Buy on pullback at 3550-3570, stop loss at 3510, targets at 3630→3680
