Market Analysis 📊

Currently, Bitcoin is priced at $65,731.28, down -3.92% over the past 24 hours; Ethereum is priced at $1,981.2, down -3.29% over the past 24 hours. Overall, the market is in a short-term correction phase, with increased trading volume and cautious sentiment.

• Technical Analysis: Bitcoin has broken below the consolidation range, with support at $64,500–$65,000 and resistance at $67,500–$68,000; Ethereum support is at $1,920–$1,950, resistance at $2,020–$2,050.

• Sentiment: Short-term profit-taking has increased volatility, but the medium- and long-term trend remains intact. Caution is advised in trading to avoid chasing rallies or panic selling.

Trading Recommendations ⚙️

(For reference only, no position suggestions)

Bitcoin

• Long: Consider entering on a rebound at $64,500–$65,000 if it stabilizes, with a target of $67,000–$68,000, and a stop-loss below $63,800.

• Short: If a rebound faces resistance at $67,500–$68,000, consider shorting with a target of $65,000, and a stop-loss above $68,500.

• Position: Light trading, monitor the $65,000 level for gains or losses.

Ethereum

• Long: Consider entering on a rebound at $1,920–$1,950 if it stabilizes, with a target of $2,020–$2,050, and a stop-loss below $1,880.

• Short: If a rebound faces resistance at $2,030–$2,050, consider shorting with a target of $1,950, and a stop-loss above $2,080.

• Position: Follow Bitcoin’s trend, mainly light positions, focus on the $1,950 support level. #加密市场回调 $BTC $ETH