BTC/ETH Weekly Review: Weekly Bottoming + Second Bottoming, Major C Wave Second Wave Layout
Current trend core: Weekly bottoming, second bottoming, daily weak rebound, not a reversal.
- Bitcoin daily rebound faces strong resistance around 78,000, prone to pullback - Ethereum rebound faces strong resistance around 2,400, overhead selling pressure is very heavy - Behavior-wise, it is a correction of the downward trend, with no volume rebound and obvious trap setups
Long-term trading idea: Strict risk control, mainly high-level short positions, layout of the major C wave second wave decline, do not chase highs. Short-term idea: Buy low, enter and exit quickly. #Gate广场发帖领五万美金红包
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.
2 Likes
Reward
2
9
Repost
Share
Comment
0/400
ZeroingWarGod1345ZeroingWarGod
· 4h ago
Can it reach 1980? Will it still reach tonight? Master, there's a high chance I've been trapped again 😂
View OriginalReply0
View More
ZeroingWarGod1345ZeroingWarGod
· 5h ago
Is a double bottom a downward trend?
View OriginalReply0
View More
KindergartenU
· 5h ago
Wishing you great wealth in the Year of the Horse 🐴
BTC/ETH Weekly Review: Weekly Bottoming + Second Bottoming, Major C Wave Second Wave Layout
Current trend core: Weekly bottoming, second bottoming, daily weak rebound, not a reversal.
- Bitcoin daily rebound faces strong resistance around 78,000, prone to pullback
- Ethereum rebound faces strong resistance around 2,400, overhead selling pressure is very heavy
- Behavior-wise, it is a correction of the downward trend, with no volume rebound and obvious trap setups
Long-term trading idea: Strict risk control, mainly high-level short positions, layout of the major C wave second wave decline, do not chase highs.
Short-term idea: Buy low, enter and exit quickly. #Gate广场发帖领五万美金红包