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Friday Morning Awei Silk Road
Yesterday, the high altitude continued to eat into profits, and the market cooperated well, with profits being realized along the way. Currently, the daily chart is hovering around the zero line and has also formed a death cross, indicating a bearish signal that could accelerate downward at any time.
The 4-hour chart is also weakening, with key support at 67,600. This level is likely to break, and once it does, the next range is between 65,000 and 62,000. Resistance above is at 69,300-71,000.
Trading plan for BTC: Short in batches at 69,300-70,000, targets at 68,000-65,000-62,000.
ETH: Short in batches at 2,080-2,110, targets at 2,050-2,000-1,900-1,860.
My personal approach is to use this as a reference, but follow the market conditions closely and avoid stubborn holding. #Gate正式接入Polymarket $BTC $ETH