Bitcoin Auntie’s Evening Trading Recommendations



The overall outlook tonight is on the weaker side. Any rebound is meant to repair the market. The approach is mainly to focus on higher levels, lightly test lower positions, and do not chase higher prices.

$BTC Bitcoin’s rebound is under pressure at 77,680–77,800, where you may consider shorting; if it hits strong resistance at 78,300–78,500, add to the position for a second short. Targets are 76,500–76,700. If it breaks, expect further continuation of the downward move.

$ETH Auntie moves in sync with the market. Resistance is at 2,330–2,340, and strong resistance is at 2,355–2,370, so shorts are the main focus. The target is around the support at 2,300.
BTC-1.48%
ETH-3.82%
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Bitcoin Auntie's Evening Analysis

$BTC Bitcoin, on the 4-hour chart, has broken below the middle band of the Bollinger Bands, the KDJ indicator has entered the downward zone, and the MACD red histogram continues to shrink, indicating that bullish momentum is significantly weakening. On the hourly chart, after a brief halt in the decline near the lower Bollinger Band, a weak rebound occurred, but the MACD indicator remains below the zero line, and the bearish structure has not yet fully reversed, with the rebound strength being relatively weak;

$ETH Auntie's movement is highly correlated with Bitcoin, also breaking below the middle Bollinger Band on the 4-hour chart, with the KDJ indicator forming a death cross downward, and the MACD is about to form a death cross as well. Although there is a rebound correction on the hourly chart, it still faces resistance below the middle Bollinger Band, overall showing a weak adjustment pattern following the market trend.

Currently, short-term bearish forces dominate the market. The rebound is mainly a technical correction. Going forward, focus on the support levels around 76,500 for Bitcoin and around 2,300 for Auntie. If these supports are broken, the correction space will further expand.
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