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Evening trading strategy: Bitcoin: - If it revisits the 63455 level tonight without falling below 62400, the daily rebound will continue. - If it breaks below 62400, it may enter a bearish market, with support levels at 61730-61000-60560. - As long as the minor correction does not drop below 63455 or 62400, the daily trend remains bullish, with potential resistance levels at 64550-65220-65800. Ethereum: - It must hold above 3115 on the 4-hour chart to initiate a proper uptrend on the daily level. - Target/resistance levels above are at 3165-3205-3240. - If the 1-hour chart falls below 3115, the 4-hour chart will continue its sideways movement, with support levels at 3084-3044-2976.$BTC $ETH

Evening trading strategy:

Bitcoin:

- If it revisits the 63455 level tonight without falling below 62400, the daily rebound will continue.

- If it breaks below 62400, it may enter a bearish market, with support levels at 61730-61000-60560.

- As long as the minor correction does not drop below 63455 or 62400, the daily trend remains bullish, with potential resistance levels at 64550-65220-65800.

Ethereum:

- It must hold above 3115 on the 4-hour chart to initiate a proper uptrend on the daily level.

- Target/resistance levels above are at 3165-3205-3240.

- If the 1-hour chart falls below 3115, the 4-hour chart will continue its sideways movement, with support levels at 3084-3044-2976.$BTC $ETH

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BTC/ETH intraday market analysis on May 5, 2024：
Bitcoin:
- Continuous three-day bullish candles indicate a minor uptrend, driving a rebound in the daily timeframe. Currently, attention is on the support levels between 62950-62400. If the price falls below 62400, it may signal the end of the daily rebound and a shift to a bearish trend, with support levels at 61730-61000-60460. If the hourly closing remains above 63560, the minor retracement is likely completed, suggesting a resumption of the uptrend, with targets at 64550-65220-65850.

Ethereum:
- Failure to hold above 3135 yesterday led to a rejection after a one-hour candle spiked to 3167. Currently, the half-hour timeframe indicates a bearish sentiment, with focus on the 3100 support level. Breaking below this level could signify the end of the rebound, turning the market bearish, with support levels at 3047-2973-2932. If the hourly closing today stays above 3115, the minor retracement is likely finished, potentially initiating an uptrend, with targets at 3150-3193-3240.$BTC $ETH
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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BTC/ETH intraday market analysis on May 11, 2024： **BTC: - Currently, BTC is in a bearish market across all levels. Today's focus is on 60700; if the price holds steady at this level, a rebound on the 1-hour timeframe may occur. - Key resistance levels above include 61350, 61900, and 64050, which need close attention. Especially if the price stabilizes at 61900, it indicates a potential rebound on the 4-hour timeframe. - Conversely, if today's rebound lacks strength and breaks below 60700, it suggests a weak rebound. In this case, we can first look to yesterday's low as support, then observe support levels near 59800, 58670, and 57630. **ETH: - ETH is currently also in a bearish market. Today's main focus is on 2905; if the price holds steady, a rebound on the 1-hour timeframe may occur. - Key resistance levels above include 2940, 2975, and 3020, which require particular attention. Especially if the price holds steady at 2974, it may indicate the start of a rebound on the 4-hour timeframe. - Conversely, if today's rebound lacks strength and breaks below 2905, it may signal a weak rebound. In this case, we can first look to yesterday's low as support, then observe support levels near 2870, 2820, and 2770.$BTC $ETH
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BTC/ETH intraday market analysis on May 10, 2024： For Bitcoin today, the focus remains on the $62,000 level, which serves as a key support/resistance zone on both the 4-hour and daily charts. If the price retraces but holds above this level, the market is likely to remain bullish, with a high probability of further upward oscillation. Key resistance levels to watch above are around $63,440, $64,400, and $65,360. However, if the price retraces and falls below $62,000 today, it would signal the potential end of the current 4-hour rebound, with support levels to watch below around $60,950, $59,800, and $58,670. As for Ethereum, attention is on the $3,000 level today, which is a crucial support/resistance zone on the 4-hour chart. If the price retraces but holds above this level, the market is likely to remain bullish, with a high probability of further upward oscillation. Key resistance levels to watch above are around $3,055, $3,095, and $3,135. However, if the price retraces and falls below $3,000 today, it would signal the potential end of the current 4-hour rebound, with support levels to watch below around $2,955, $2,915, and $2,870. $BTC $ETH
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Currently updated on the 4-hour timeframe: Bitcoin is currently showing strong bullish momentum, maintaining an upward trend over the past 1/2/4 hours. Next, if the price retraces without breaking below the range of 62540-62120, it could be a good opportunity to go long, with resistance above at the level marked by the red line. Ethereum is also displaying bullish strength. If it manages to firmly break above 3055, it might trigger a rebound on the 4-hour timeframe, potentially leading to an uptrend on the daily chart. Next, if the price retraces without dropping below 3020-3005, it could present a buying opportunity, with resistance above still at the level marked by the red line.$BTC $ETH
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Evening trading strategy: For Bitcoin: - Bitcoin is showing signs of upward movement on the 1/2-hour timeframe and starting to rebound on the 4-hour timeframe. - In the early hours, attention was paid to the 61900 level for Bitcoin. If this level holds, a rebound trend on the 4-hour timeframe will be initiated. Keep an eye on resistance levels near 62900, 63750, and 64500. - If Bitcoin falls below 62000 in the evening, the current rebound will end, and the 4-hour timeframe will continue to oscillate sideways. Watch out for support levels near 60900, 59800, and 58670. For Ethereum: - Ethereum is showing signs of upward movement on the 1/2-hour timeframe and starting to rebound on the 4-hour timeframe. - In the early hours, attention was paid to the 2995 level for Ethereum. If this level holds, a rebound trend on the 4-hour timeframe will be initiated. Keep an eye on resistance levels near 3032, 3055, and 3095. - If Ethereum falls below 2995 in the evening, the current rebound will end, and the 4-hour timeframe will continue to oscillate sideways. Watch out for support levels near 2960, 2915, and 2870.$BTC $ETH
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BTC/ETH intraday market analysis on May 9, 2024： For Bitcoin, today's focus is on the 61950 level. If the price holds here, it may signal a potential uptrend on the daily chart, entering the territory favorable for both buyers and sellers. Resistance levels/targets above will be in the range of 62950-63750. Failure to rebound to this level today could result in a retracement, with support levels around 60950, 59800, and 58700 respectively. Regarding Ethereum, the current 4-hour and daily charts show a bearish trend, while the lower timeframe indicates a rebound. Today's rebound will be monitored at the 3010 level. If the price stabilizes here, a potential rebound on the 4-hour chart may occur. Resistance levels/targets above will be around 3030, 3050, and 3095. Failure to rebound to this level could lead to a retracement, with support levels around 2970, 2935, and 2900 respectively.$BTC $ETH
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