The central bank's interest rate hike is a certainty. Where will BTC and ETH go? 👉 Click here to learn today's BTC and ETH martial arts secrets 👈
BTC: Last night, it fell from 895 to 844. The 15-minute drop structure has changed, forming a W shape at 844 without breaking the low. However, the number of K lines is not many, so be cautious of a rapid drop after breaking 85. A rebound above 86 is needed for confirmation. Currently reported at 85433, with support at 84-844 below and resistance at 86-862 above. If it stabilizes above 86 after the 1-hour close, it can be bought low. Look towards 872. If it breaks 85 with volume, aggressive shorting can be pursued, targeting around 835-84.
ETH: Last night, it stabilized after following the big pie down from 2997 to around 2780. The 15-minute level has formed a bottom-rebound pattern, resonating with the W bottom of the big pie. However, the continuity of the K line is insufficient, so be cautious of false breakouts followed by pullbacks. A rebound above 2860 is needed for stabilization confirmation. Currently reported around 2830, with support at 2750-2780 below and resistance at around 2860 above. If it stabilizes above 2860 after the 1-hour close, it can be lightly bought low, targeting the 2920-2930 range. If it breaks 2805 with volume, aggressive traders can follow the trend and short, targeting around 2750.
