NewBro

The smaller timeframe has a need for a rebound, but the larger timeframe still points to a decline. Once the price rebounds to around 2120-2150, if it fails to break above, consider entering a short position. The support below is around 1900. If it breaks below 1900, the previous low will likely not hold. #加密行情震荡

Weekend rebound is weak, currently no bottom has formed, weekly downtrend remains unchanged, weekly support level at 43K-54K;
Daily level broke 74K to capture upper liquidity then declined, consistent with the rise to 97K from 80K then decline, currently daily 0-axis near death cross, cautious on longs;
4-hour RSI is oversold with rebound demand, but each rebound is an opportunity for longs to exit and shorts to add positions;
If upper rebound fails to break 71K, will continue declining, watch support levels at 66K and 62.5K below; early 75688 short positions can continue to hold, targeting br

A few days ago, I mentioned that the middle line of the daily Bollinger Bands and the 50-day moving average are not going down. There is a possibility of testing a secondary high and then reaching a new high. #币圈# ​​​$BTC

Near (70K, if the daily midline doesn't break below, there's still a possibility of reaching another high point above.
In the previous cycle, 94K pulled back to the daily midline and 50-day moving average for support, then rallied to the 97K high before declining;
In this cycle, 76K pulled back to the daily midline and 50-day moving average for support... $BTC Do you think there's a possibility of reaching another high point above? (On the premise that the daily line holds)

Yesterday, support was maintained near 69K, marking the first rebound from the decline to 76K. Currently, the rebound strength is weak, with resistance expected at 71K-72K, followed by further decline.
The blue support line below: if touched again, it may not hold. This trendline (69K) has been tested four times previously—the more times support is tested, the weaker its effectiveness.
If 69K breaks down, watch for 66K and 63K below. If 69K breaks, it can be considered that 96K was the top of this downward correction.
Aggressive short positions consider 71K-71.5K, while conservative ones co

The 15-minute level shows signs of bottoming. Lower support to watch is 2050-2080, this level is the previous breakout point and also the daily midline, can attempt light long positions.
Upper resistance at 2160, if it breaks above look for 2230 and 2300, if 2230 breaks then an inverse head and shoulders forms, shorting at 2300 would be more aggressive, looking for a 1:1 upside move, need to open shorts above the previous high.
Aggressive shorting near 2160 (monitor and enter), conservative shorting at 2230 and 2370$ETH

Daily price broke below 73.7K and accelerated downward, with two consecutive daily bearish candles. Above 74K, repeatedly reminding everyone to hold short positions, avoid panic, and refrain from going long; moreover, a complex head and shoulders bottom pattern has formed at the top. On the 4-hour chart, resistance at 73.5K–74.8K can be used to open short positions. If broken, consider shorting near 77K. Support below is around 69.5K; if broken, look to 65.7K support. If the 65.7K support is broken later, the target for holding short positions should be adjusted to 63K or 58K.

After the 2370 high broke out of the converging triangle, it declined but remained stronger than the big one;
On the pullback, watch for support near 2070; if it breaks, then look near 1910. If 1910 breaks, the downside space will open up.