#比特币市场波动观察
BTC:
1. The closing line has formed a long lower shadow above the EMA30, and there is still a chance for an upward movement. However, I personally believe that this week will experience fluctuations between 96000-101600 for consolidation, making it difficult to form a continuous upward trend. It is also essential to closely monitor today’s closing; if it falls below 95000, the daily pullback will not yet be over.
2. The bearish arrangement at the 1-hour level has not changed, but the pullback in the early morning did not create a new low again. Currently, it has formed a fluctuation range of 95576-98851. The intraday strategy still leans towards short positions, which have a better risk-reward ratio.
ETH:
1. A spike to the EMA120 resulted in a rebound, briefly stabilizing above the EMA60. However, the EMA30 above shows signs of turning down, with resistance in the range of 3537-3600.
2. A reversal pattern has formed on the 4-hour chart, but the trading volume is insufficient. The three EMAs above turning down still indicate a bearish trend. However, a breakout above 3500 may allow for the establishment of long positions during the confirmation process of the pullback, with both conditions being essential.