1. Analysis of BTC Price Structure and Direction Assessment


1. Taking BTC/USDT perpetual as an example, the current main direction is bearish. Considering that the price structure has not changed significantly, we maintain the previous viewpoint unchanged, with a daily level of oscillation downward, and the upper limit constrained by bears is 128830;
2. The recent bearish pressure point is at 112585. Below this, short positions are the main focus. Those who have not entered the market should patiently wait for a rebound. In the 1-hour cycle of the "Institution Strong Turning Point Model" (for a detailed explanation of this model, please refer to the "K-Line Digital Code" and watch the live video afterwards), there are trading opportunities for short positions.
Above 3.110421, a short-term rebound is expected to continue, with low long positions as a supplement. It is not recommended to blindly chase long positions near the resistance level, and a breakout above 112585 may require adjustments to trading ideas and strategies. Below 108333, the bearish outlook continues, or if a new price structure emerges, a rebound from the bulls will follow, which will have an influence on ETH.

2. Analysis of ETH Price Structure and Directional Judgment
1. Taking ETH/USDT perpetual as an example, the current main direction is bullish. Considering that the price structure has not changed significantly, the previous viewpoint remains unchanged. Below 4831, the bulls are consolidating and moving upward, continuing to wash out positions, with an important support level at 4206. Above this level, the bulls continue to build strength. Conservative investors need to increase their confidence and time in holding positions.
2. If it falls back to around 4206 again, you can refer to the "Institution Strong Turning Point Model" (. For a detailed explanation of this model, you can pay attention to the "Candlestick Digital Password" and then review the live video ). Start with a light position to try going long, and set strict stop losses; if it breaks 4206, the upward trend will end, and a decline will begin, so adjust your trading strategy.
3. The short-term bearish pressure level is 4526. If this level is surpassed, continue to look for a higher line up to 4831. The trading strategy remains focused on buying on dips, with short positions being secondary or not taking any shorts at all, foregoing some mediocre trading opportunities.

In the future, China will be a world of people with right knowledge, right mindfulness, and right energy. The biggest crisis is not a financial crisis, but a crisis of morality and faith; the more blessings one has, the greater their energy; walk with the wise, journey with the good, care for all beings, and love without borders.
Disclaimer: The information and opinions in the above report are for the reference of the reader only and are not intended to be or considered as advice for actual investment transactions. Investors should assess whether to use the content of the report based on their individual investment objectives, financial situation, and needs, and make independent investment decisions while assuming the corresponding risks.
BTC1.22%
ETH1.34%
View Original
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.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
BrotherAQuanvip
· 09-07 01:17
Just go for it💪
View OriginalReply1
EternalWildernessvip
· 09-07 01:08
Steadfast HODL💎
View OriginalReply1
CandlestickDigitalPasswordvip
· 09-07 00:21
Institutional Thinking Model Module Digital Trading
View OriginalReply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)