1.5 Morning Share



Bitcoin daily chart successfully breaks above the 60-day moving average resistance, with the current price oscillating around the key psychological level of 93,000; Ethereum is also pushing up to the 3,200 level but facing resistance, indicating that the short-term bullish momentum is entering a deceleration phase.

Based on core data analysis from the liquidation map, the current liquidation scale triggered by the upward wave of BTC and ETH is at a low level in the past two weeks. The profit-taking pressure from longs has not been fully released, and the market lacks healthy support after a "shakeout." Caution is advised regarding extreme market movements caused by breaking key support levels. If BTC falls below the 90,000 integer level or ETH loses the 3,000 critical support, it will trigger a large-scale chain liquidation, likely accelerating the price decline.

Recommendations:

- Short BTC in the 93,500-94,300 range, with targets down to 92,000-91,000. If support breaks, hold until the 90,000 level is confirmed as support.
- Short ETH in the 3,220-3,270 resistance zone, with the first target at 3,110 and the second at 3,040. If the 3,000 support is broken, decisively add positions and follow up.

The current market is in a divergence phase after the breakout. Do not chase the highs or sell in panic. Keep positions strictly within 30%, and execute stop-loss orders decisively to avoid being caught in passive situations caused by extreme liquidation events.
BTC-0.95%
ETH1.12%
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)