3.3 Evening Strategy



The 4-hour timeframe has already shown a clear death cross, and the MACD continues to expand below the zero line, indicating that the bearish momentum is not only not weakening but gradually strengthening.

Although the trading volume is slightly lower than the previous peak, it remains at a relatively high level overall. This decline is not "a move with no volume to just smash down," but rather accompanied by genuine selling pressure. Simply put, this correction looks more like capital withdrawal rather than a shakeout before a rally. The trapped positions above are piling up, and the pressure will only increase. The downside space has not been fully exhausted yet.

The overall approach is still to look for opportunities during rebounds.

Reference positions:
Bitcoin: Short around 68,000–68,900, target 66,000, if broken downward, target 64,500.
Ethereum: Short around 1,970–2,010, target 1,890, if broken downward, target 1,800.

Control your position size, set proper stop-losses, and don’t fight the trend. #元宵赏月领红包 #欧盟计划推出央行稳定币 #Strategy上周购入3,015枚比特币 #当前行情抄底还是观望? $BTC $ETH
BTC-0,62%
ETH-1,88%
View Original
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)