Friday morning BTC/ETH analysis on the 1.23



Currently on the hourly chart, the price continues to face resistance and pull back when approaching around 90,000. This level presents significant resistance, making a breakout difficult. On the four-hour chart, the overall pattern is a narrow range of oscillation, with clear support and resistance levels above and below. The current price is close to the upper boundary resistance zone. Therefore, the morning trading strategy remains primarily to go short at high levels.

Trading suggestions:
Bitcoin 89,800-90,300 range short, target 87,500
Altcoin 2,970-2,990 range short, target 2,830
$BTC $ETH #现货黄金再创新高 #加密市场回调 #BTC行情分析
BTC-0.76%
ETH-1.86%
View Original
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)