Weekly K three consecutive positive candles, last week closed with an inverted hammer bullish line, testing the middle band resistance. The daily K and weekly weekend candles continued to close lower, KDJ and RSI are overbought at high levels and turning downward, MACD bullish momentum continues to shrink, and the overall trend remains bearish. Only when the weekly K level stabilizes above the middle band resistance can a large bullish trend be considered.



BTC
In the short-term 4-hour timeframe, it retraced to test the lower band support but failed to break below effectively. Currently rebounding, focus on the middle band resistance during the rebound. For intraday trading, mainly shorting on rallies, with resistance levels at 75,500-76,000-77,000. Participate around these levels for entries, with support levels at 74,000-73,000-72,000.

ETH
Currently priced at 2,300, with resistance above at 2,350-2,400-2,450. Participate around these levels for entries, with support levels at 2,250-2,200-2,150.
BTC-0,32%
ETH-0,72%
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