From the current market overall, both are in a high-level consolidation after a rebound on the 4-hour chart, and a true trend reversal has not yet formed. Resistance at high levels remains obvious, and the rhythm leans towards consolidation and bearishness.
Bitcoin is currently trading around 68,900. The key resistance is at 69,500-70,000. Intraday, prioritize shorting on rebounds, watch for resistance above 69,500. Once it breaks below 67,500-66,800 and drops to 66,000, the bears may further increase volume. If it strongly stabilizes above 70,000, consider following the trend long.
Ethereum is currently oscillating above 2,000, with clear resistance near 2,140. Focus on resistance in the 2,080-2,120 range. Prefer short positions at high levels. For pullbacks, watch 1,980-1,920; if it breaks below 1,900, it may test 1,800 again. If volume breaks through 2,140 and stabilizes, look for continued upward movement.
Overall, the rhythm remains to avoid chasing rallies, wait for pullbacks to find entry points, trade with small positions, and execute quickly to control frequency.
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Bitcoin and Ethereum Intraday Strategy
From the current market overall, both are in a high-level consolidation after a rebound on the 4-hour chart, and a true trend reversal has not yet formed. Resistance at high levels remains obvious, and the rhythm leans towards consolidation and bearishness.
Bitcoin is currently trading around 68,900. The key resistance is at 69,500-70,000. Intraday, prioritize shorting on rebounds, watch for resistance above 69,500. Once it breaks below 67,500-66,800 and drops to 66,000, the bears may further increase volume. If it strongly stabilizes above 70,000, consider following the trend long.
Ethereum is currently oscillating above 2,000, with clear resistance near 2,140. Focus on resistance in the 2,080-2,120 range. Prefer short positions at high levels. For pullbacks, watch 1,980-1,920; if it breaks below 1,900, it may test 1,800 again. If volume breaks through 2,140 and stabilizes, look for continued upward movement.
Overall, the rhythm remains to avoid chasing rallies, wait for pullbacks to find entry points, trade with small positions, and execute quickly to control frequency.