Early session live price order (simultaneous broadcast) alert: short position entered at 69,300. There is already a profit of over 500 points. Whether to close the position—everyone can refer to their own judgment. Overall, the market gave some breakdown during the early session, but it is still in a pressure-holding structure. The 69,000 level has not yet been firmly reclaimed, so the market is still operating in a weak structure.



From a structural perspective, on the four-hour chart, after the price surged with a large bullish candle and broke above the upper Bollinger Band, it is currently in a bearish-to-neutral pullback and correction phase. At present, the chart is forming a relatively long upper wick. As for indicators, overbought conditions have already appeared. In the short term, there is still room for a pullback. Currently, price is holding and consolidating around the 120 moving average. Looking ahead, at high levels, price will still likely show a situation of being pressured and probing lower. For short entries, continue to pay attention to whether there is some support structure around 68,000 in the short term. Our focus still remains on the U.S. stock market opening node in the evening. After a pullback during the day, you can look for opportunities to briefly go long, but the focus is still to keep the high-short-bias unchanged.

For near-term support at the bottom, watch the area around 68,000. Resistance above still remains in the 69,000–69,500 range, where you can take shorts. For Ethereum, near-term support is around 2,080–2,100, while resistance above is still 2,120–2,150. In terms of the trading idea, we will continue to layout primarily with a short bias. #加密市场行情震荡 $BTC $ETH
BTC3,29%
ETH4,4%
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