Sunday evening Bitcoin Ethereum market analysis and trading suggestions

Geopolitical conflicts ignite the market, with bears dominating the trend battle.

Looking back at this week's market, the fundamentals made a surprise attack breaking the deadlock. At the beginning of the week, Bitcoin surged strongly from 104500 to 108900, maintaining a range-bound fluctuation after a technical correction. However, over the weekend, the market was impacted by the U.S. airstrikes on Iranian nuclear facilities and changing expectations regarding the Federal Reserve's interest rate cuts, leading to a surge in risk aversion. The price of Bitcoin plummeted to a low of around 100789, while Ethereum experienced a daily decline of over 4% to around 2440. The total liquidation amount across the network exceeded 450 million USD, with over 120,000 traders being liquidated. Although some buying interest emerged in the early hours, pushing for a rebound, the market still remains trapped in a sideways consolidation pattern, with geopolitical risks continuing to suppress market confidence.

Note: Trump has issued a warning of "stronger retaliation" against Iran, further escalating tensions in the Middle East. Be wary of sudden news that may trigger a second wave of fluctuations.

Technical Form: Key Defense Line After Short Position Breakdown
Bitcoin daily line structure
Breakout of the range: After briefly piercing the lower band of the Bollinger Bands in the morning, it rebounded, indicating that the psychological level of 100000 has tentative support. However, the rebound strength is weak, and the overall movement is constrained by the pressure zone of 104000-106500.

Medium-term directional anchor point: The weekly line continues to close in the negative, approaching the 100,000 mark, verifying heavy selling pressure at high positions. If this week closes below 100,000, the downward space will open up to the strong support zone of 93,000-98,000.

Ethereum weakness linkage: The intraday decline is significantly greater than Bitcoin, with 2300 converting into short-term resistance, and the support at 2200 is precarious; if it breaks below 2200, it may trigger panic selling, with a target looking down to the previous low of 2000.

Operational Strategy: Focus on defense, patiently wait for emotional recovery.

The principle of defensive positioning dominated by short selling
Big Coin: If it rebounds to 104000-105000 and faces pressure, you can gradually place short positions, with a stop loss at 106800 and a target of 101000-100000;
Ether: Maintain short positions on rallies until effectively breaking above 2300, with a stop loss at 2480 and targets at 2150-2100.

Bullish reversal signal:
If Bitcoin stabilizes above 106500 or Ethereum recovers 2450, you can take a small position to go long (right-side signal); if there is a sharp drop to 98000 for Bitcoin and 2000 for Ethereum, you can gradually position for a rebound long with a strict stop loss of 3%.

"The market is a testing ground for human nature. The current volatility is driven by geopolitical black swans and liquidity crunches, rather than simple technical corrections. Retail investors are deeply anxious for three main reasons: stubbornly holding leveraged positions against the trend, neglecting stop-loss discipline, and misjudging the properties of safe-haven assets. History proves that emotion-driven trading will ultimately lead to failure; only those who strictly adhere to the rules can navigate through bull and bear markets."

#Gate广场创作者星火计划：入驻享每月超$10,000奖池# #Alpha币种推荐# #周末行情预测#