#Range-bound oscillation continues, continue to short at high rebound positions! 8.7 BTC and ETH precise strategies
Market Express
Trump administration wields tariff stick again, Brazil and India are hit in succession, and risk aversion in the global market is heating up! However, cryptocurrencies are still caught in a tug-of-war between bulls and bears. After two waves of short orders with small profit stops yesterday, the price surged at midnight but failed to break through the key pressure. Now the market has returned to the oscillating box. Today, focus on the initial jobless claims data in the evening, which may detonate a short-term breakthrough!
Technical Analysis
BTC
The daily line alternates between yin and yang, with equal lengths of entity and shadow lines, and the battle between bulls and bears is heating up!
Resistance: 115600→116000→117000 →118900→119500
Support: 113300→112600→111800→110000 mark
ETH
The 4-hour chart shows a shrinking rebound, and the 3680-3730 area has become the focus of the battle between bulls and bears!
Resistance: 3700→3730→3760
Support: 3600→3550→3500
Today's Practical Strategy
BTC
Short orders:
Aggressive: Directly short at 115000-115500, stop loss at 116500, target 114000→113300→112600!
Stable: Add short positions near 116000, stop loss as above, look down to 112000 break!
Long orders:
Light position long at 112000-112500, stop loss at 111000, target 113500→114500
ETH
Short orders:
Aggressive: Short at 3680-3700, stop loss at 3760, target 3600→3550!
Stable: Short near 3730, stop loss remains unchanged, look down to 3500 mark!
Long orders:
Short long at 3550-3570, stop loss at 3510, target 3650→3680
Key Reminders
The current market is mainly oscillating, do not chase the rise and kill the fall! Sell high and buy low at pressure support positions, and follow up after the break.
The direction of the large level is confirmed after BTC breaks through 116000/ETH 3760 or BTC falls below 111800/ETH 3500!
Action Guide: Rebound is a short order opportunity, a sharp drop can fight short long, strictly bring loss! #Web3
