Thursday Morning Jingyi Trading Strategy Analysis



During the midnight session, Bitcoin briefly rose to around 71,300 before facing resistance and pulling back. It has now retreated again near the 70,000 level for consolidation. From a short-term perspective, the rebound momentum has clearly weakened, and selling pressure above remains significant.

From the four-hour chart, the short-term resistance zone is concentrated around 71,500-72,000. As long as there is no effective breakout from this area, the overall structure will continue to fluctuate sideways. In terms of trading, it is recommended to focus on short positions after a rebound faces resistance, with long positions as a supplement. Pay attention to support levels below and respond flexibly to potential breakouts.

Trading Suggestions
BTC: Short near 705-713, target 698-680
ETH: Short near 2070-2100, target 2040-1980

The above reflects personal opinions and is for reference only.
BTC-0.6%
ETH0.3%
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