The recent price of Bitcoin has been fluctuating at a high level, showing multiple long upper shadows, indicating heavy selling pressure around 100,000. Breaking through the lower bound of 100,000 will still take some time. On the short term, the hourly MACD fast and slow lines have crossed downwards, and the histogram shows negative values, indicating downward pressure in the short term. The trading volume has significantly increased during the decline and then shrank, showing that after panic selling, market sentiment is becoming more cautious.
Short-term suggestion for Bitcoin: around 96,700, target 95,000-94,000.
The price of Bitcoin is still fluctuating in the range of 90000-92000. The long upper shadow line yesterday shows that there is a lot of pressure from above. The trading volume has decreased in the past few hours, indicating that the market is in a wait-and-see mood. In general, it is unlikely that Bitcoin will break through upward or downward in the short term, and it is more likely to go sideways.
The price of Bitcoin has been fluctuating around 90,000 recently, forming a short-term consolidation range. The daily K-line shows alternating small Yin and small Yang, the market sentiment is cautious, and the trading volume is also showing a downward trend. In the short term, the short position is dominant, but there are also signs of weakening. Today's idea is to pull back to Duo, and the target is at the previous high point
Recently, the big cake has formed a short-term shock, fluctuating around 90000. There is a long upper shadow on the daily line, indicating heavy selling pressure from above. The hourly MACD fast and slow lines are glued below the zero axis, and the green column is shortened. There may be a rebound demand, but the overall situation is still weak. The short-term trend is unclear, and the medium and long term are still bullish.
Big cake recommends trading around 89000, with a target of 91000-92500#BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
Bitcoin has successfully reached 80,000, completing a new milestone. For now, let's not discuss the technical aspects. Given the current market sentiment, just follow the trend, and at least for the short term, there's no need to consider making a drastic move. This week, pay special attention to the CPI data on Wednesday; there’s not much else to say. Ethereum hasn't been mentioned in a while, and it's now entering a period of catch-up. As long as it pulls back, it will be our opportunity to enter the market, so don't hesitate. As for the peak line, no predictions will be made; just hold on tight.
Bitcoin long positions at 80,500-81,000, target 83,000-85,000.
Ethereum at 3,200, target 3,300-3,400. #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
Bitcoin has successfully reached 80,000, achieving a new milestone. Let's not talk about technical analysis for now; given the current market sentiment, it's best to follow the trend for the time being. At least in the short term, we won't consider making any risky moves. This week, pay close attention to the CPI data on Wednesday; there's not much else to discuss. Ethereum has not been mentioned for a long time and is now entering a recovery phase. As long as it retraces, it will be our opportunity to enter the market. Don't hesitate. As for predicting the peak line, let's not make any forecasts; just hold on tight.
The current price is still fluctuating around 76000. It has formed a high-level oscillation pattern. The daily candlestick chart shows continuous long upper shadows, indicating heavy selling pressure above. The hourly MACD is below the zero axis but shows signs of upward convergence, suggesting a possible short-term rebound. The daily MACD still maintains a bullish trend. Hourly trading volume has increased, indicating a rise in market activity. Daily trading volume is relatively stable, with no obvious signals of significant increase or decrease. The next likelihood is to form a large range oscillation pattern, and a light short position can be taken in the morning.
It is recommended to short at 76000-76500, targeting around 75000 near #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
Waiting always pays off. 74500 plus 76000 can also be harvested. Next, we will start to prepare for the layout. The evening meeting is #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
Yesterday's news of Trump's successful election also stimulated the cryptocurrency market, with Bitcoin reaching an all-time high. In the hourly chart, the MACD is in the positive zone, and the DIF line has crossed above the DEA line and continues to diverge upwards, indicating a strong bullish signal. The current price is above EMA7, EMA30, and EMA120, with the EMA moving averages showing a bullish arrangement, supporting the view of continued bullishness. The daily trading volume significantly increased on November 6, corresponding with the sharp rise in price, indicating a high level of market participant acknowledgment of the current trend. Hourly trading volume also remains at a high level, supporting further price increases. It is approaching the overbought zone but has not yet entered extreme overbought territory, suggesting potential pullback pressure in the short term.
Bitcoin suggestion: 74000-74500, target around 76000 near #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
The big coin has shown continuous bearish candlesticks on the daily chart over the past few days, indicating that there is some selling pressure in the market. However, the long lower shadows suggest there is support at lower levels. The MACD on the hourly level is below the zero line, with both DIF and DEA being negative, and the histogram has shifted from green to red, indicating that bearish strength is dominant in the short term. However, the MACD on the daily level is close to the zero line, which may indicate a demand for a rebound. Currently, market sentiment is relatively neutral. The likelihood of a sideways trend is higher moving forward. The short-term trend is weak.
For short-term operations, consider shorting around 69500, with a target at 68500-68000$BTC $ETH #BTC☀ #ETH🔥🔥🔥🔥
Yesterday, the pancake quickly fell after reaching the short selling point of 71500 that we provided. On the daily chart, a long upper shadow and a large bearish candlestick formed, indicating heavy selling pressure above. On the hourly chart, the MACD histogram remains negative and shows signs of expansion, with both DIF and DEA located below the zero line, indicating an increase in bearish momentum. A new resistance level has formed around 70500, while the new support level is at the integer level of 68500.
Today's outlook: support at 68500 below, resistance at 70500 above. $BTC $ETH #BTC☀ #ETH🔥🔥🔥🔥
The big pie has recently shown a significant pullback trend, forming a large bearish candlestick, and the market selling pressure is also quite severe. The MACD is currently in the negative territory, with both DIF and DEA diverging downwards, indicating that the bearish forces are dominant. However, it is important to note that the MACD histogram has started to shorten, which may signal a potential rebound.
The big pie can find support around 69500 (close to the previous low, the round number may form support), or resistance at 71500 (rebounding near EMA7, with clear short-term resistance).$BTC $ETH #BTC☀ #ETH🔥🔥🔥🔥
The market has recently seen multiple K lines with long upper and lower shadow lines, indicating that there are differences in the market. On the daily chart, a small downward channel formed from October 12th to 14th, and there is callback pressure in the short term. Trading volume has been relatively stable in recent hours, with no sign of significant amplification, indicating a strong wait-and-see sentiment in the market. Daily-level trading volume increased significantly on October 13 and then decreased, possibly due to active trading triggered by the previous day's large fluctuations. The hourly MACD histogram turned from negative to positive, but DIF and DEA are still below the zero axis, indicating that the bearish power has weakened but has not completely subsided.
Suggestion for big pie: 62300-62000, target around 63200
Ether recommendation: 2430-2410, target around 2480 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
The boring weekend is over and a new week has begun. From the daily line, there have been large fluctuations recently. The MACD fast and slow lines are always below the 0 axis, and there is a trend of forming a golden cross. There is a rebound in the short term. At the hourly level, the trading volume increases significantly when the price rises, indicating that the bulls are strong.
Big cake suggestion: 54500-54000 duo, target 55500
On the hourly chart, the MACD fast and slow lines are gradually getting closer, and there are signs of golden crosses, indicating that there may be upward momentum in the short term. On the daily chart, MACD is still in the short range, but the green column has shortened and the strength of the shorts has weakened. Trading volume has increased, especially when prices hit lows, showing clear buying intervention. Trading volume increased significantly when the price pulled back to around 58,000, indicating strong support at this level.
Yesterday's layout of 59300-59800 yuan for Bitcoin and 2550-2570 yuan for Ethereum has been completed. From the daily level, there has been a clear downward trend, and the closing price is lower than the lowest point of the previous day, indicating strong selling pressure. However, the current point is closer to the integer mark of 57000. If you are aggressive, you can try to buy more at 57000. Secondly, you can layout at 58000 yuan. #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
Bitcoin is currently running near the upper track, at the hourly level. It has been continuously pulled back near 59,300, which shows that there is selling pressure at 59,300, and there is still a risk of falling back after reaching it. The operation suggestion is to go short first and then long
Bitcoin suggestion: 59,300-59,800, target 58,500
Ether suggestion: 2550-2570, target near 2500 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
On the daily chart, Bitcoin has gradually fallen from the recent high of 63,200 to today's low of 57,100, with a clear downward trend. At the hourly level, there have been multiple unsuccessful rebounds around 58,400, and it is currently fluctuating around 57,600. The MACD histogram is in the negative area, and both DIF and DEA are diverging downward, indicating that the short-term short-term force is strong.
Bitcoin recommends 58,000-58,500, with a target of 57,000,
Ether recommends 2450-2470, with a target of 2400 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
The price of Bitcoin has recently fluctuated between 59,000 and 61,000 on the daily chart. The MACD fast and slow lines of the 1-hour cycle hovered near the zero axis and crossed many times, indicating that the short-term trend is unclear. The MACD of the daily cycle is in the negative area, but there are signs of convergence, which may indicate that the adjustment is nearing the end. The RSI value of the 1-hour cycle is 42, which has not entered the overbought or oversold range, indicating that the current market is relatively balanced. The short-term suppression focuses on the 60,000 line. If the subsequent rebound can break through, the increase is expected to continue further. At present, the support below is 58,500.
Big cake suggestion: 59,500-60,000 short, target 58,500