The market has been fluctuating repeatedly recently. Although there was a rebound yesterday early morning, it never managed to break above the resistance zone. The continuous bearish candles on the 4-hour chart make the overall trend appear somewhat weak. Currently, we're approaching the 2900 level again, but this is just a false break— the true weak structure remains clearly evident.



As for the next steps, the key is whether the 2800 line can hold. If support is found there, the early morning session could be an opportunity to go long. According to the plan, 2830 is the entry point for a long position, with a stop at 2795, and the target above is 2930.

In simple terms, it's now about waiting for the key support to be tested and then acting accordingly. This strategy is for reference only; specific operations should be adjusted based on your own risk management.
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
  • 4
  • Repost
  • Share
Comment
0/400
StableGeniusDegenvip
· 3h ago
Still fluctuating around 2800, this break is really tough to handle. Wait, can 2930 really break? It feels like the pressure is too high. Taking on a lot of risk in the early morning, I am still watching cautiously. The defensive point at 2795 is set very thoughtfully, just worried about a big bearish candle piercing straight through. A false break is just a false break, anyway this market is frustrating. If we can hold at 2800 this time, there might be a bit of a chance. Still the same advice, if you're not confident, don't be greedy. Risk management is the most important.
View OriginalReply0
LayerHoppervip
· 3h ago
If 2800 doesn't break, I will die more; if it breaks, then just wait for the next support.
View OriginalReply0
RugPullSurvivorvip
· 3h ago
If you can't hold 2800, just go home and have a meal.
View OriginalReply0
LiquidityLarryvip
· 3h ago
If we can't hold 2800, we're doomed. Take a gamble; it might rebound overnight.
View OriginalReply0
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)