Bitcoin and Ethereum continue to fluctuate, with rebounds facing key resistance; long and short strategies diverge to respond


Yesterday's market movement was basically in line with previous predictions: Bitcoin encountered resistance around 68,500 and pulled back, then stabilized and rebounded after a correction to around 66,600; Ethereum also declined from around 2,060 to about 1,960 for recovery. Currently, prices remain in a daily-level oscillation pattern with no clear breakout direction.
From a technical perspective, the rebound high on Wednesday touched the upper Bollinger Band on the daily chart, forming an entity resistance around 70,000, limiting short-term upward space. For Ethereum, the rebound around 2,150 formed a "Dark Cloud Cover" pattern; although the bearish momentum is not strong, if it cannot effectively break the previous high today, it is likely to continue range-bound trading within the zone.
Operation strategy suggestions:
[em]e400788[/em] Aggressive traders:
● Bitcoin: Light position short near 67,700, target 66,600; if momentum strengthens, target 65,000;
● Ethereum: Short position around 2,040, target 1,955; after breaking support, watch 1,890.
[em]e400788[/em] Conservative traders:
● Bitcoin: Gradually build short positions around 68,500, with a unified target of 66,600; strongly consider 65,000 if momentum is strong;
● Ethereum: Enter initial short position around 2,060, add on dips at 2,100, target 1,950; if broken, focus on key support at 1,890.
[em]e400683[/em] Long opportunities mainly rely on pullbacks:
Pull back to around 66,600 for Bitcoin and 1,955 for Ethereum; if clear support signals appear (such as candlestick stabilization or volume contraction), consider short-term long entries, strictly set stop-losses, and seize swing opportunities within the oscillation.
Core strategy logic: Until the trend is clear, respond with range-bound thinking, strictly control positions, enter and exit quickly, and avoid chasing highs or selling lows. #加密市场反弹
BTC-2.38%
ETH-4.13%
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