Thursday Morning Bitcoin and Ethereum Market Analysis



On the 4-hour chart, the price remains within the upward channel, and the trend structure has not been broken. There is significant selling pressure above 75,500, with each rally accompanied by technical pullbacks, but the support at the bottom is gradually rising, indicating a healthy oscillating upward trend overall.

Although the short-term 1-hour cycle shows consecutive bearish candles with an underlying downward expectation, the price tends to rebound quickly whenever it touches key support zones below, with frequent long lower shadows, demonstrating strong buying support.

Trading Strategy

Maintain a low-buying approach, entering in batches around support areas.

Reference Levels

· Bitcoin: Buy near 74,200 - 74,000, targeting around 75,500

· Ethereum: Buy near 2,340 - 2,320, targeting around 2,420

#GatePreIPOs首发SpaceX $BTC #高盛申请比特币收益型ETF $ETH
BTC1,58%
ETH1,46%
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