The market is like a mirror, reflecting the true mentality of every trader. Not every fluctuation is profitable, and not every choice has an absolute right or wrong—it's about doing what you're good at and waiting for worthy opportunities. Time will grade everyone, and only by learning to accept can you truly enjoy the trading process.
Currently, there are no significant new changes in the technical aspect of the market, so continue analyzing based on the existing approach. Bitcoin's daily chart is being continuously suppressed by moving averages and the middle band; as long as this resistance level isn't broken, there's no talk of a reversal, and the short-term pattern remains weak and oscillating. The support level hasn't been breached yet, so wait for another dip below; once broken, it will depend on whether the daily MA60 and the lower band can hold.
Ethereum is being held back by the daily MA7, with the middle band continuing to exert pressure overhead. From the current chart, the breakout of the box pattern isn't far off. Short-term traders should clarify their plans in advance. The operational logic can refer to Bitcoin's approach: first observe the support zone below to see if a breakdown signal appears; if it breaks, then focus on the performance near the daily MA60.
Weekly traders need to get serious. There are many details in Ethereum's weekly chart—whether it's a real opportunity or a trap to lure in shorts? Uncertainty is indeed high. Ultimately, it depends on how you interpret this market, but regardless of your judgment, risk management must be in place so you won't be caught off guard by the market. Without a systematic plan and strict discipline in execution, relying solely on intuition to chase the market is destined to lead to losses.
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The market is like a mirror, reflecting the true mentality of every trader. Not every fluctuation is profitable, and not every choice has an absolute right or wrong—it's about doing what you're good at and waiting for worthy opportunities. Time will grade everyone, and only by learning to accept can you truly enjoy the trading process.
Currently, there are no significant new changes in the technical aspect of the market, so continue analyzing based on the existing approach. Bitcoin's daily chart is being continuously suppressed by moving averages and the middle band; as long as this resistance level isn't broken, there's no talk of a reversal, and the short-term pattern remains weak and oscillating. The support level hasn't been breached yet, so wait for another dip below; once broken, it will depend on whether the daily MA60 and the lower band can hold.
Ethereum is being held back by the daily MA7, with the middle band continuing to exert pressure overhead. From the current chart, the breakout of the box pattern isn't far off. Short-term traders should clarify their plans in advance. The operational logic can refer to Bitcoin's approach: first observe the support zone below to see if a breakdown signal appears; if it breaks, then focus on the performance near the daily MA60.
Weekly traders need to get serious. There are many details in Ethereum's weekly chart—whether it's a real opportunity or a trap to lure in shorts? Uncertainty is indeed high. Ultimately, it depends on how you interpret this market, but regardless of your judgment, risk management must be in place so you won't be caught off guard by the market. Without a systematic plan and strict discipline in execution, relying solely on intuition to chase the market is destined to lead to losses.