Публикация

Bitcoin is currently staging a recovery from around 59,000, forming a double zigzag structure — essentially a small dual-level abc correction. Price is hovering near 63,600, with the next major resistance sitting at 65,000, just 2% away. At this level, two scenarios are on the table. Either the recovery is already complete, or after some sideways churn, we see one more push to finish a second abc wave. But in either case, the structure is close to exhaustion. Be ready for a potential breakdown of the downtrend channel. Ethereum is mirroring Bitcoin's move. It bounced from around 1,500 and is also showing a double zigzag pattern. Resistance sits near 1,760, roughly 2% above current price. The minor wave 4 is rising inside a channel with a complex shape. Even if it hasn't broken yesterday's high yet, it could wrap up at any moment. Whether it tags 1,760 or not, the bigger trend remains bearish. Chasing here is risky — stay alert. Trade setup: Both BTC and ETH recovery structures are nearing completion. Upside room is limited, and the risk of buying into a top is high. The better play is to wait for a retest near resistance — BTC at 65,000, ETH at 1,760 — and look for short entries. Alternatively, wait for a clear channel breakdown to follow the trend. Always set a strict stop loss to protect against sudden breakouts.