Friday Morning | Tang Long's Trading Strategy


Brothers, continue holding short positions.
Yesterday's Bitcoin movement was very typical:
Early morning surge then pullback, followed by a bottoming out and rebound. After stabilizing at 65,700, it bounced up to 67,400 but was met with resistance. It then retreated to 66,550 for support, and by the end of the session, it was oscillating around 66,900.
Currently, it looks like the selling pressure has been digested, and the market is entering a phase of directional choice.
ETH is also moving in sync, rebounding from 2050 to above 2070.
From a structural perspective:
The daily chart closed with a medium-length bearish candle followed by a doji, failing to regain strength, so the downtrend remains;
The 4-hour chart is still oscillating at lower levels within a downtrend.
Key levels are clear:
Watch 67,400 resistance above, and 66,000 support below.
As long as it hasn't broken above 68,000, the overall outlook remains bearish, waiting for a volume-driven decline.
Trading strategy: Continue shorting on rebounds
Bitcoin between 67,000–67,500, target 66,000; if broken downward, look for 65,000 and 63,800.
Ethereum between 2060–2080, target 2020–1990; if broken downward, look for 1860.
One sentence summary:
If it doesn't break through, it's still a bearish trend; rebounds are opportunities. #稳定币争议升温 #GENIUS实施规则草案发布 #谷歌量子AI警示加密安全 #Web3安全指南 $BTC $GT $ETH
BTC0,64%
GT-0,91%
ETH0,84%
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
YaoQianshuAvip
· 6h ago
Every morning waking up brings a different strategy, with gains and setbacks.
View OriginalReply0
View More
  • Pin