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At present, the key support level on the four-hour chart is the middle band support. The intraday pullback does not break it. At the moment, for the downside suppression, pay attention to whether the 76,000 level around the “76000” line resistance breaks. During the daytime session, the long side should continue to push higher. As the market moves further up, it may further reclaim the 77,000 level. However, there may be some selling pressure at higher levels. Around 75,500, a light position can attempt to enter a short. The key resistance in the daily chart is the 120-day moving average at the 77,000 level.
Regarding Ethereum, the way Bitcoin (big coin) moves has been steady, but there is not much willingness to push up. The four-hour chart is still in a state of consolidating and closing flat/closing tight. The upward momentum will still face some resistance, and recent highs have not provided a continuation. In the longer run, even if there is a catch-up bounce overall, as long as it does not break 2380, it is still a weak structure. In terms of strategy, at higher levels, you can try taking short positions as a form of holding/accepting.
Big coin current price around 75,700, take a light short. For the downside, watch around 74,500. If it reaches around 77,000, consider adding to the position to short and look for a move lower. For Ethereum, short around 2,360, with a level around 2,310. Stop-loss if the rebound breaks above 2,380. #山寨币强势反弹 $BTC $ETH