Tuesday, the trend reversal window is approaching, and the idea of shorting on rallies remains unchanged.
In recent days, the market has been moving within a consolidation range, unable to break out of a clear directional move. Meanwhile, the news sentiment continues to ferment, and market risk aversion is evident—gold and silver are surging strongly, while the crypto sector is under pressure. Tonight, the CPI data will be released soon, and once it is announced, it could trigger significant market volatility. Based on current structure and sentiment analysis, I personally lean more towards a bearish bias. From the market perspective, the price range continues to converge, with short-term momentum showing a "step back with each move," requiring precise entry points; otherwise, traders risk being repeatedly shaken out. According to the oscillation logic, until a clear breakout occurs above resistance, it’s not advisable to adopt a bullish stance. The key ranges are now very clear: Resistance: 92600 Support: 90000 It is expected that before the data release, the market will mostly oscillate within this range, and the real directional decision will be made in the next one or two days. Trading references: Bitcoin: Short in the 92300–92600 zone; consider a short position near 90300 on a pullback, aiming to capture the range. Ethereum: Short in the 3145–3150 zone; look for short opportunities on dips near 3060 support, with momentum synchronized with Bitcoin. Not much to add, as a trend reversal is imminent—control your pace and manage risk carefully. Wishing everyone successful trading and steady gains. #美联储降息 #今日你看涨还是看跌? $BTC $ETH
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Tuesday, the trend reversal window is approaching, and the idea of shorting on rallies remains unchanged.
In recent days, the market has been moving within a consolidation range, unable to break out of a clear directional move. Meanwhile, the news sentiment continues to ferment, and market risk aversion is evident—gold and silver are surging strongly, while the crypto sector is under pressure. Tonight, the CPI data will be released soon, and once it is announced, it could trigger significant market volatility. Based on current structure and sentiment analysis, I personally lean more towards a bearish bias.
From the market perspective, the price range continues to converge, with short-term momentum showing a "step back with each move," requiring precise entry points; otherwise, traders risk being repeatedly shaken out. According to the oscillation logic, until a clear breakout occurs above resistance, it’s not advisable to adopt a bullish stance.
The key ranges are now very clear:
Resistance: 92600
Support: 90000
It is expected that before the data release, the market will mostly oscillate within this range, and the real directional decision will be made in the next one or two days.
Trading references:
Bitcoin: Short in the 92300–92600 zone; consider a short position near 90300 on a pullback, aiming to capture the range.
Ethereum: Short in the 3145–3150 zone; look for short opportunities on dips near 3060 support, with momentum synchronized with Bitcoin.
Not much to add, as a trend reversal is imminent—control your pace and manage risk carefully.
Wishing everyone successful trading and steady gains. #美联储降息 #今日你看涨还是看跌? $BTC $ETH