Good news from the Middle East, and the cryptocurrency market rebounds collectively! A review of the news, a breakdown of the technical aspects, and trading strategies—how far can this rebound go?

CN
5 hours ago

• The total market capitalization of cryptocurrencies worldwide is approximately $2.49 trillion, with slight fluctuations over the past 24 hours.
• About 68,000 people were liquidated across the network in the past 24 hours, with a liquidation amount of approximately $191 million, and the proportion of short liquidations is relatively high.
• The market is in a state of competition with existing funds, trading volume has decreased by about 26% from previous periods, and volatility is at a low for the year.

The technical negotiations between the U.S. and Iran have officially begun in Bilginsan, Switzerland, with both delegations fully in place. Israel maintains a ceasefire status in Lebanon, and geopolitical sentiment in the Middle East has momentarily eased, driving a broad recovery in the crypto market in early trading.

• The core of this negotiation is to implement the execution details of the previously agreed memorandum, rather than negotiating a new agreement. Overall expectations are moderate but still variable.

• Israel's position represents the greatest risk. If it conducts airstrikes in Lebanon again, it could directly lead to the interruption of negotiations and trigger a market risk-off plunge.

• The current market situation is a news-driven corrective rebound, with the long-term downward trend not having reversed, and trading volume has not significantly increased, raising doubts about sustainability.
Second, detailed analysis by cryptocurrency type and precise order entry points.

1. BTC (Bitcoin)
Key technical levels
Type Price range (USD) Description
Strong resistance 65,500–66,000 Previous break and consolidation area after decline, heavy selling pressure from trapped positions
Second resistance 65,200 4-hour Bollinger middle line + short-term moving average resistance, must stabilize with volume to open up rebound space
First resistance 64,600–64,700 Hourly line dense selling pressure zone, a crucial dividing line between long and short positions intraday
First support 62,900–63,200 The starting point of the current rebound, breaking below this level invalidates the intraday rebound structure
Second support 62,000 Previous consolidation center; breaking this level will trigger massive contract stop-loss
Strong support 60,000 Mid-term psychological threshold + previous low point of market decline

Contract order strategy
• Long position: Place light orders in the range of 63,100–63,300 on pullbacks, stop-loss at 62,800; first take profit at 64,500, second take profit at 65,100.
• Short position: Place orders in the range of 64,600–64,800 upon rising encounters resistance, stop-loss at 65,100; first take profit at 63,500, second take profit at 63,000.

2. ETH
On-chain exchange reserves continue to decline, large whales are accumulating at low levels, short-term selling pressure has eased somewhat, but there is a lack of independent market catalysts, with the overall trend following BTC and showing slightly stronger elasticity.

Key technical levels
Strong resistance 1,800–1,825 Upper boundary of the descending channel + previous rebound high point, core resistance level
First resistance 1,780 Hourly line level selling pressure zone
First support 1,700–1,710 Integer threshold + intraday low point, short-term defensive level
Second support 1,665–1,675 Liquidity concentration zone, strong support band
Strong support 1,600 Mid-term lower boundary of the consolidation

Contract order strategy
• Long position: Place orders in the range of 1,705–1,715 on pullbacks, stop-loss at 1,690; first take profit at 1,770, second take profit at 1,795.
• Short position: Place orders in the range of 1,790–1,805 upon rising encounters resistance, stop-loss at 1,820; first take profit at 1,740, second take profit at 1,710.


3. SOL
Today leading the mainstream coins, showing the strongest elasticity, categorized as a high Beta variety in the rebound market, with a volatility approximately 2-3 times that of BTC.

Key technical levels
Strong resistance 81–82 Strong resistance at the 4-hour level, concentrated area of trapped positions
First resistance 76–77 Short-term resistance on the hourly line
First support 70–71 Starting point for the intraday rebound
Second support 67.5 Previous consolidation platform support
Strong support 63 Key mid-term defensive level

Contract order strategy
• Long position: Place orders in the range of 70.5–71.5 on pullbacks, stop-loss at 69.5; first take profit at 76, second take profit at 80.
• Short position: Place orders in the range of 76.5–77.5 upon rising encounters resistance, stop-loss at 79; first take profit at 73, second take profit at 71.


If negative news occurs (negotiations break down, Israel resumes airstrikes), immediately stop-loss and exit the market; holding positions is prohibited.

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Good news from the Middle East, the crypto circle collectively rebounds! Review the news, analyze the technicals and trading strategies; how far can this rebound go? _aicoin_ image1


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