Market Trend Analysis + Trading Strategy Suggestions
First, analyze today's market trend!
BTC Bitcoin 4-hour K-line trend:
Upper resistance level: around 95158~96830
Lower support level: around 91150~92900
ETH Ethereum 4-hour K-line trend:
Upper resistance level: around 3406~3520
Lower support level: around 3108~3215
Technical analysis:
First, the Bitcoin 4-hour cycle K-line shows a volume decrease in the upward trend. The 4-hour K-line price dropped slightly to the double bottom near 92819 and rebounded. Currently, the volume performance is not good, and the rebound lacks strength. Please pay attention to the upper resistance near 96830.
Second, the trend indicators for Bitcoin below the 12-hour cycle still show a bearish trend. Short-term operation strategy is to short at high points!