#数字资产市场动态 Technical Analysis Summary: Clear support levels, and a well-defined trading approach
Key observation — Two rebounds in this area have formed an obvious W bottom pattern. This formation typically indicates a potential rebound.
Trading suggestions for $BTC can be divided into two categories:
**Aggressive traders** can consider entering small long positions at the neckline around 4670, with a stop-loss set below 4668. This setup offers a relatively tight risk control space.
**Conservative traders** are advised to wait until the price confirms a rebound to the 4670-4672 range before considering entry, reducing the risk of being stopped out.
Regarding price targets — for upward movement, the recent high of 4680-4685 is the first observation zone. If this level is successfully broken, attention can shift to higher levels around 4690-4700. For downward movement, the main support has moved up to 4670-4672, with stronger support near 4660.
The same logic can be applied to the $XAU trend.
Special note: The above analysis is solely a personal technical opinion. Market fluctuations are rapid and unpredictable. Actual trading should be based on your own risk tolerance and real-time market signals.
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.
17 Likes
Reward
17
5
Repost
Share
Comment
0/400
SchrodingerWallet
· 4h ago
I've seen this trick many times before, 4670 really can hold up? I always feel it might break
Be careful, aggressive guys, this time is different, there's no bottom below
Breakthrough 4680-4685? It depends on the mood of the crypto market, who knows
Waiting for confirmation is a safe move, much better than being stopped out
Follow the same logic with XAU? This guy's thinking is quite thorough
View OriginalReply0
GasFeeCry
· 10h ago
It's another W bottom and small long positions. I'm tired of hearing this kind of talk... In my opinion, whether the 4670 level can hold is the key. Once it breaks, it will be quite awkward.
View OriginalReply0
MemeCoinSavant
· 10h ago
w bottom formation tho... according to my regression analysis of 420 btc candles, we're hitting statistically significant levels of based-ness here ngl
Reply0
SchrodingerAirdrop
· 10h ago
W bottom is back again, feels like I've seen it ten times... Still the same advice, let the chart speak, don't just look at the pattern.
Only those who truly prioritize stop-losses will make it to the end; you must hold the line at 4668.
Let's talk after it breaks through 4680; anything else is pointless right now.
View OriginalReply0
MetaverseVagrant
· 10h ago
Is the W bottom? This wave at 4670 feels like it's going to drop again...
#数字资产市场动态 Technical Analysis Summary: Clear support levels, and a well-defined trading approach
Key observation — Two rebounds in this area have formed an obvious W bottom pattern. This formation typically indicates a potential rebound.
Trading suggestions for $BTC can be divided into two categories:
**Aggressive traders** can consider entering small long positions at the neckline around 4670, with a stop-loss set below 4668. This setup offers a relatively tight risk control space.
**Conservative traders** are advised to wait until the price confirms a rebound to the 4670-4672 range before considering entry, reducing the risk of being stopped out.
Regarding price targets — for upward movement, the recent high of 4680-4685 is the first observation zone. If this level is successfully broken, attention can shift to higher levels around 4690-4700. For downward movement, the main support has moved up to 4670-4672, with stronger support near 4660.
The same logic can be applied to the $XAU trend.
Special note: The above analysis is solely a personal technical opinion. Market fluctuations are rapid and unpredictable. Actual trading should be based on your own risk tolerance and real-time market signals.