Tuesday Evening Jingyì Trading Analysis



Bitcoin has likely topped in the short term. From a technical structure perspective: classic descending flag formation, rebound entering the final stage, increased risks at higher levels, beware of sharp pullbacks. BTC is showing a standard descending flag structure:

Top progressively rising: 72,000 → 74,000 → 76,000
Bottom simultaneously rising: 60,000 → 63,000 → 65,500
Three round rebound structure has completed, pullback probability significantly increased. This round's top likely around 76,000 area, with possibility of small false breakout to around 78,000 to complete lure buying.

Short-term first support: 69,000
If breaks below the uptrend line, it will open new downside space, targeting 60,000 and lower positions below.

News to watch: Federal Reserve Rate Decision Meeting (early tomorrow morning)
This rate decision meeting is a key turning point window, with bearish risks biased larger.
Combined with BTC's massive short-term gains and exhausted bull momentum, even without major negative news, technical pullback space is already sufficient. Early session already completed large-scale liquidation around 76,000, bull momentum essentially fully released.

Trading Recommendations
BTC: Short around 74,000-75,900, target 73,000-71,900, medium-to-long term 68,600

ETH: Short around 2,330-2,380, target 2,300-2,220, medium-to-long term 2,100

The above is personal opinion for reference only
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BTC0,65%
ETH-0,55%
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