The four-hour level W bottom pattern is complete, and the neckline position of 2550 has entered a critical testing stage: 1. 2473 support converges at the middle track of Vegas + W bottom right shoulder low point 2. A breakout at 2550 will trigger a measured target of 2630. Enhance Signal: On-chain data shows that the exchange's ETH inventory decreased by 12% week-on-week. The funding rate for derivatives returns to neutral Suggested Strategy: Long positions in the 2480-2495 range, stop loss at 2468 (W-bottom structure breakdown point), first target at 2550, hold until breakthrough to 2630.
ETHUSDT Perpetual 2,516.07 +0.11% #BTC Trend Analysis Direction Selection The triangular convergence end is facing a change in the market, with a key watershed at 108500: Resistance above: 111000 (historical high + 1.0 Fibonacci extension) Breakthrough target: 116000 (1.618 extension level) Multi-period indicators: 1. The daily TD sequence shows a count of 9 2. Weekly EMA5 (105800) forms strong support Main force direction: 1. Recently, 100,000 BTC were withdrawn from the exchange. 2. The Put/Call ratio dropped to 0.65 Trading Plan: Current price 109200, take a light long position, stop loss at 108000, add to position if it breaks 110500, target levels to take profit in batches #行情 #周末行情分析 #btc
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.
ETH Trend Analysis Technical Assessment
The four-hour level W bottom pattern is complete, and the neckline position of 2550 has entered a critical testing stage:
1. 2473 support converges at the middle track of Vegas + W bottom right shoulder low point
2. A breakout at 2550 will trigger a measured target of 2630.
Enhance Signal:
On-chain data shows that the exchange's ETH inventory decreased by 12% week-on-week.
The funding rate for derivatives returns to neutral
Suggested Strategy:
Long positions in the 2480-2495 range, stop loss at 2468 (W-bottom structure breakdown point), first target at 2550, hold until breakthrough to 2630.
ETHUSDT
Perpetual
2,516.07
+0.11%
#BTC Trend Analysis Direction Selection
The triangular convergence end is facing a change in the market, with a key watershed at 108500:
Resistance above: 111000 (historical high + 1.0 Fibonacci extension)
Breakthrough target: 116000 (1.618 extension level)
Multi-period indicators:
1. The daily TD sequence shows a count of 9
2. Weekly EMA5 (105800) forms strong support
Main force direction:
1. Recently, 100,000 BTC were withdrawn from the exchange.
2. The Put/Call ratio dropped to 0.65
Trading Plan: Current price 109200, take a light long position, stop loss at 108000, add to position if it breaks 110500, target levels to take profit in batches #行情 #周末行情分析 #btc