Monday, Bitcoin and Ethereum Evening Analysis



In the early session, Bitcoin dipped to around 65,500, then showed resilience and rebounded to recover losses. In the afternoon, it surged to the 68,400 area before facing resistance and pulling back for correction. Currently, it appears to be entering a narrow range sideways. We continue to stick to the strategy of shorting on rallies.

Technically, the four-hour timeframe is about to top out. If you want to short tonight, you need to be cautious about timing. Consider shorting near the intraday rebound highs, with a target down of about 2,000 points. The higher the rebound, the more advantageous it is for us to enter short positions. There is plenty of room below.

Tonight, Bitcoin is recommended to short around 68,000-68,500, with a target of 66,000. If broken, look for 65,000. Ethereum follows a similar approach, short around 2010-2030, with a target of 1900. If broken, target 1800. Remember to operate with small positions, reserve some for averaging down, and increase fault tolerance.
BTC2,8%
ETH4,32%
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