12.7 Afternoon Market Insights

BTC Trends and Strategies

The current trend is at a critical point of contention: if the hourly level stabilizes at 89400, one can go long on the right side; if it falls below, stop loss is necessary; if it breaks down with volume below 89000, one can go short.

On the upside, pay attention to 89769; if it stabilizes, one can look towards 90830-91539; if a false breakout occurs near 91539, one can consider going short, with a stop loss at 92659.

The key support level below is at 88875-88835; if it breaks down, look towards 88010-86304.

Overall, it remains in a range of 90285-88835; if there is a continued inability to break through the previous high, the probability of a pullback will increase.

ETH Trends and Strategies

If the hourly level stabilizes at 3052, one can go long on the right side; if it breaks down with volume below 3033, one can go short.

The key resistance level above is at 3058; if it stabilizes, one can look towards 3107-3158; nearing 3107, one can consider going short, with a stop loss at 3139.

Support below to watch is at 3011; if it breaks down, look towards 2957-2903.

The current market is in a phase of low-volume consolidation, with limited trading opportunities; it's recommended to watch more and act less, waiting for key levels to break.

Operation Reminder

All strategies require volume breakout/breakdown on the right side to follow, avoid entering early.

In volatile markets, strictly control stop losses and position sizes.

Maintain a wait-and-see approach until key levels are broken, reducing ineffective trades.