BTC & ETH Technical Overview
$BTC 4-hour K-line:
Resistance Level: 107897~109201 Support Level: 103328~104402
$ETH 4-hour K-line:
Resistance Level: 4059~4121 Support Level: 3886~3971
Key Technical Analysis Points:
BTC experienced a volume decrease followed by a spike, reaching a new high of 107793 USD in the early morning. It is currently in a high-level consolidation, with a top divergence correction, paying attention to the neckline resistance at 107280.
Trend: BTC shows a bullish resonance in the overall cycle compared to the trend, suggesting to buy on dips in the short term.
MACD: BTC is in a bullish trend on cycles above 30 minutes, but there is a top divergence on the daily chart, and the 1-hour chart lacks momentum, requiring a brief correction. A correction to the 30-minute/1-hour EMA60 or the important neckline presents a good opportunity for long positions.
Operational Advice:
Contracts: Buy on dips when it corrects to key support levels, with strict stop-losses. Spot: Buy on dips when it corrects to important support levels, with light positions.
Risk Warning: Investment involves risks, and caution is advised when entering the market. The above analysis is for reference only.