Monday Evening | Jingyi's Trading Analysis

Big Bitcoin surged rapidly in early trading, making a third attempt at the key resistance level of 74,400. Multi-directional competition is intensifying, with this price level serving as a critical watershed for the market.

The chart structure shows intraday oscillation with upward momentum and stabilization recovery, with bulls in control. The 4-hour and hourly levels are forming bullish confluence, with effective support at the bottom. Hourly candlesticks have broken through the upper Bollinger Band, with price momentum steadily moving higher, moving averages showing bullish alignment, and clear downside support. Short-term upward momentum remains intact.

Trading Recommendations

BTC: Set up long positions in the 731-725 range, targets 740-755; following a valid breakout, look for 760 and 780 on a swing basis.

ETH: Set up long positions in the 2260-2230 range, targets 2300-2360; following a breakout, look for 2400 and 2450 on a swing basis.

The above represents personal views for reference only.
#Gate广场AI测评官