Technical Analysis of BTC:
The daily chart showed a long upper shadow doji candlestick yesterday, and there was another slight new high in the early morning. #BTC翻倍之路
From the market inertia perspective, after reaching a new high, a rise is expected. There has not been a slow retracement, so the current pullback may be a trap for buyers, and we need to closely monitor today’s closing situation.
If the closing price falls below the 90000 level, it may indicate that the market dynamics are starting to weaken. From the 4-hour chart, it is currently in a phase of adjustment, and after the small new high yesterday, it has clearly entered a retracement trend. The recent lows are concentrated around the 90000 level, which has become a key turning point reference.
Intraday Operating Suggestions: The strategy should be conservative, with upper pressure focusing on the 92400-93400 range, and lower support to be closely monitored at the 90000 level.
ETH:
The overall trend remains weak, with a rapid drop after breaking through 3200 yesterday, and the pullback has intensified.
The daily chart indicates that the 3200 level has formed a double-top pattern, the 7-day moving average continues to decline and has formed a death cross with the 14-day moving average, indicating that bearish forces are dominant.
Today, we need to pay close attention to the support strength at the 3000 level.
Intraday Operating Suggestions: Focus on the support performance in the 3040-3000 range, and if it breaks below 3000, it will likely further decline in the short term. The upper pressure level is around 3150. #BTC何时突破10万? #BTC再次刷新历史高点 #比特币ETF期权上线 #上市公司比特币战略
I am a long-term bear; if you currently do not know how to layout, feel free to contact me for discussion!