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Midday reminder for everyone: We looked at the resistance level around 69,000, which came as expected. Subsequently, as the price ratio rose and then faced selling pressure, we experienced a significant pullback in the afternoon. The market briefly broke through the 68,000 level, with the lowest point extending to around 67,500 before stopping the decline. Currently, it continues to oscillate around 67,800. For Ethereum, it recovered to around 2,070 at midday but faced resistance. The market has now pulled back and is oscillating around 2,030. We also positioned ourselves for a pullback at the morning rally highs—BTC profited nearly 1,000 points of space, while ETH gained 40 points of space.
Looking at the current 4-hour chart, the price ratio is running in a bottom oscillation pattern, with neither resistance levels at the highs and lows being broken. The lowest points of the last three candlesticks are gradually rising, and the highs are also incrementally increasing. The price has not attempted to retest the 69,000 pressure level again either. The entire Asian session looks more like an oscillation interval after confirming a support structure around the bottom. There is still rebound momentum for short-term moves ahead, but there's no need to look too far above—around the 69,000 level remains where we should take profits and secure gains.
BTC can go long at 67,500-67,800 levels, targeting 69,000 nearby. ETH can go long around 2,030, targeting around 2,070. #加密行情震荡 $BTC $ETH