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Precise retest of the vital support: Brothers, the moment the heartbeat stops! The price plummeted from 69k and has been falling sharply, with the lowest approaching the 65,000 level (just recently, it may have dipped to around 65,300). The current price of 65,508 indicates strong institutional buying support near 65,000 (long-term bull trend line/MA200).
Extreme Oversold Conditions: From 15-minute to 4-hour charts, RSI indicators are all in single digits, indicating extreme overselling. This divergence often signals a “rebound” could happen at any moment. 65k is the last line of defense in the larger cycle. If the main force does not organize a counterattack here, the bull market structure will be completely broken.
Maximum Risk-Reward Ratio: At this moment, the short position’s risk-reward ratio is very poor (the bottom is solid), while the long position’s ratio is very high (small stop-loss, large rebound potential). The current volatility is clearing out the final panic capitulation.
1. Support and Resistance Levels (Flying Fish Early Morning Precise Version)
🟢 Short-term support (1-3 days, last line of defense)
65,000: Immediate support (lifeline). The only hope! The major cycle trend line of 2025-26. This is an absolutely critical level that must not be broken.
64,000: Limit of avoiding a sudden plunge. If the main force wants to create despair, they will instantly break through 65k, with the needle usually piercing here.
62,500: Downtrend relay bottom.
🔵 Medium-term support (1-2 weeks, swing)
60,000: Super integer barrier. The bull-bear dividing line, the bottom of trillion-dollar market cap.
58,000: Black swan extreme bottom.
52,000: Deep bear bottom.
🔴 Short-term resistance (1-3 days)
66,500: Immediate resistance. The first hurdle for a short-term rebound. Standing firm here is necessary to see the continuation of the rebound.
67,500: Strong resistance. The bottom of the recent decline relay platform.
68,500: Core resistance (top-bottom reversal). Former support, now resistance.
🟠 Medium-term resistance (1-2 weeks)
69,000: Historical milestone. Once a belief, now a ceiling.
72,000: Wave C peak.
74,300: Previous low resistance.
2. Overall Analysis and Best Entry Strategies
Overall view: The current price of 65,508 is in the “left side of the lifeline battle zone.”
Bullish Strategy (Greedy): Since it has fallen to the doorstep of 65,000, there’s no need to fear anymore. This is a consensus buy point among technical traders, betting on a “dead cat bounce” or even a V-shaped reversal. The strategy is “buy at the current price, bet on the rebound.”
Bearish Strategy (Take Profit): Shorts must take profit here. If you want to short, wait until the rebound reaches 68,000 before considering action. Chasing shorts now is a death sentence.
Suggested Position: 2 - 4% (Set position based on loss tolerance)
Operation Suggestion: Short
Win Rate Estimate: 60%
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Entry Point: 78500 (Aggressive) - 79800 (Conservative) Average around 79200
Short-term Target: 77644 - 76844
Medium-term Target: 75544 - 70644
Stop Loss Point: 80644
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For learning and communication only. Remember to set BE after taking profit.
@Flying Fish 2026 Blessing Edition