Thursday Afternoon Jingyi Trading Strategy Analysis


The overall intraday range-bound movement, with repeated battles around 74,500 in the morning, surged to around 75,400 then faced resistance and pulled back, testing 74,400 for stability, with no overall upward shift in the center of gravity. ETH moved in sync, under pressure below 2,370, fluctuating around the 2,350 midpoint, with fierce tug-of-war between bulls and bears, and no clear trend continuation.

From the four-hour perspective, it remains in a high-level weak consolidation, repeatedly testing upper resistance without effective stabilization, with selling pressure above continuously suppressing.

BTC short-term resistance is 75,200-75,500, support at 74,400, and if support is broken, a likely downward test to 73,800;

ETH resistance is 2,365-2,380, support at 2,330, and a break below could target 2,290-2,310.

This round of rebound lacked sufficient volume, with clear release of selling pressure during the pullback, and the market remains weak. Going forward, the main approach is still to follow the trend for high-altitude trading, avoiding blindly chasing longs at low levels; only with increased volume and stabilization above resistance can the market structure turn stronger. Currently, the outlook remains predominantly bearish.

#GatePreIPOs首发SpaceX
BTC0,39%
ETH0,11%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin