At midnight, the price of Bitcoin continued its downward trend, reaching a low near the 87790 point. Just when everyone thought the decline would not stop, the bulls quietly gained strength, driving the price to rebound rapidly. By dawn, the Bitcoin price peaked at 90748 points. Unfortunately, the good times did not last long, as the price came under pressure again, re-entering a downward channel. It dipped to a low of 84600, and is currently oscillating around 87000.
The current market's weak characteristics are very evident, with the daily line closing as a doji candle, which is undoubtedly a strong signal for the continuation of the downtrend. From the four-hour chart, the weak market pattern has shown no signs of improvement, and the one-sided downward trend continues. The rebound strength is clearly insufficient, with each rebound becoming an opportunity for the bears to further suppress the market. Accompanied by the appearance of bearish candles, trading volume has significantly increased, and the mid-line at the four-hour level has been effectively broken. The market bottom remains shrouded in uncertainty.
From a short-term perspective, the market's weak pattern is unlikely to be reversed in the short term, and a single rebound cannot change the overall downward trend. It is expected that this weekend, the market will face a deeper adjustment. On the hourly level, the price exhibits a step-like downward oscillation trend, clearly influenced by the resistance of the upper line in the morning, showing a one-sided downward trend. After a brief minor correction, the bearish forces are expected to continue searching for the market bottom.
For Bitcoin: 87500-88000 range, looking towards 86500-86000-85000
For Ethereum: 2180-2200 range, looking towards 2150-2120-2100
In the afternoon, the price of Bitcoin has been declining, dropping to around 90,500, but it has not effectively broken below the significant level of 90,000, indicating that there is some support at this price level. It is expected that tonight Bitcoin will likely experience a volatile adjustment around 91,000, with both bulls and bears engaging in intense competition. It is worth noting that tomorrow's summit is about to begin, which undoubtedly becomes the core focus of the market. Based on the current market sentiment and a comprehensive analysis of the technical aspects, Bitcoin is expected to leverage this summit opportunity to push upwards and test the 100,000 mark again. If it successfully breaks through this key resistance level, a new round of bullish trends may begin, at which point the bullish forces will dominate the market direction. However, the cryptocurrency market is always full of uncertainties and variables. If Bitcoin cannot successfully break through the 100,000 mark, the price may experience a pullback. It is recommended to pay close attention to the dense liquidation areas around 88,690, 89,160, 90,730, and 93,210.
For Bitcoin: 92,000-92,500 channel, looking at 91,000-90,500-90,000
For Ethereum: 2,300-2,320 channel, looking at 2,270-2,240-2,200 #比特币走势分析
The market trend in the early trading session continued the consolidation pattern after the surge during the early hours, under the price comparison effect, maintaining the bullish volume from the early hours. The market welcomed a second surge, breaking through the resistance level around 91000. As of now, the price has risen to around 91900, facing resistance. Meanwhile, the trend of Ethereum also synchronized with Bitcoin, rising to around 2290. From the current market analysis, on the daily chart, due to the continuous bullish volume, a three consecutive bullish candle pattern has emerged. Although the market has surged to the middle band of the daily chart and is facing pressure, the performance indicates that the pressure at the middle band is significantly insufficient, suggesting that there is still some rebound potential in the short term. Looking at the 4-hour chart, the market found effective support when it pulled back to the middle band yesterday, then reversed and rose with three consecutive bullish candles, initiating a new round of upward movement. As the market continues to rise, the Bollinger Bands are showing a contraction, indicating that the market is facing noticeable pressure in the short term. Next, we will focus on the key resistance level around 93600; if the market rebounds to around 93600, we can opportunistically place a light position for a pullback operation. From a short-term perspective, the upward channel is clear, but the pullback strength is relatively limited. Therefore, in terms of short-term operational strategy, we still maintain a bullish outlook after a pullback. For Bitcoin: 90500-90000 bullish, targeting 91500-92300-93000. For Ethereum: 2240-2210 bullish, targeting 2270-2300-2330.
Review yesterday's market trends. Bitcoin rebounded to a high of around 85,000 in the evening, followed by a downward trend; Ethereum performed relatively weakly, with the lowest price dropping below the 2,000 threshold. The market movements yesterday largely aligned with our previous expectations. In intraday trading, Bitcoin accumulated a profit of 3,366 points, while Ethereum gained 117 points. In the subsequent market, Bitcoin saw another significant rebound, with prices peaking near 89,000 and currently fluctuating around the 87,000 level. From this week's market perspective, the rebound highs have consistently failed to break through last week's highs. Overall, the market continues to exhibit a stepwise downward trend that began at the 110,000 mark. However, during the downward process, the market shows a characteristic of retracing step by step, which is particularly evident in Ethereum's weekly K-line trend. After a stagnation near 4,100, Ethereum has exhibited a retracing wave pattern, gradually adjusting downwards. Although the process is quite convoluted, the overall retracement trend remains unchanged. Looking at Bitcoin's daily trend, the Bollinger Bands first contracted and then expanded downwards, clearly indicating that the market is still within a downward structure. Currently, the price range of 89,000-90,000 remains a key position for judging the main trend. If the price touches this range and faces significant pressure, the retracement market is likely to continue; conversely, if it can successfully break through and stabilize in this range, the current retracement trend will be disrupted. In summary, today's overall trading strategy is quite clear. We can first pay attention to the price rebound, and when the time is right, carry out short selling operations, while flexibly adjusting strategies based on the recent changes in pattern structure. For Bitcoin: 88,000-88,500 range, looking towards 87,000-86,500-86,000 For Ethereum: 2,200-2,230 range, looking towards 2,170-2,130-2,100
The Silk Road is once again validated, perfect handling in real transactions! #比特币走势分析
web3言灏
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Bearish
From the current technical indicators, the three lines of the Bollinger Bands in the daily candlestick chart are all in a downward opening trend and continue to decline, releasing clear bearish signals. The MACD indicator shows that the bears are continuing to increase in volume, while the KDJ indicator forms a death cross and diverges downwards. The RSI indicator also turns downwards. Overall, the trading direction for the day remains more suitable for a high short strategy.
Looking at the short-term 4-hour level, it also shows a situation of increasing bearish volume, with all indicators moving downwards and the trend continuing to decline. Therefore, in intraday operations, once a rebound occurs, it will be an opportunity to short; even without a rebound, direct shorting can be considered.
From a medium to long-term perspective, the overall trend still maintains a bearish pattern, with no signs of change. The key support level below is around 72500. Overall, today's operational strategy still maintains a focus on high shorts. However, it is worth noting that there is a certain demand for rebounds in the intraday short-term perspective, so one should closely monitor market changes and reasonably manage positions and risks during operations.
For Bitcoin: 84800-85300 range, looking towards 84000-83200-82500
For Ethereum: 2130-2150 range, looking towards 2100-2050-2000
Investing is like searching for treasures in a vast sea of books, where thorns and blossoms coexist. Do not fear the shadows of unrealized losses, nor let short-term profits cloud your judgment. With knowledge as the sail and rationality as the rudder, adhere to your strategy. The market's fluctuations are like the rhythms of poetry; wisdom is accumulated between the peaks and troughs. Only by maintaining patience and perseverance can one seize their own shining treasures on the journey of capital.
The Bitcoin fell again this morning, finding support at the bottom, and then the market entered a state of fluctuation. In this round of decline, we also managed to navigate both long and short positions, capturing 8252 points; the altcoin also went down 500 points this time, where we seized 251 points, demonstrating a good grasp of the overall market!
From the current technical indicators, the three lines of the Bollinger Bands in the daily candlestick chart are all in a downward opening trend and continue to decline, releasing clear bearish signals. The MACD indicator shows that the bears are continuing to increase in volume, while the KDJ indicator forms a death cross and diverges downwards. The RSI indicator also turns downwards. Overall, the trading direction for the day remains more suitable for a high short strategy.
Looking at the short-term 4-hour level, it also shows a situation of increasing bearish volume, with all indicators moving downwards and the trend continuing to decline. Therefore, in intraday operations, once a rebound occurs, it will be an opportunity to short; even without a rebound, direct shorting can be considered.
From a medium to long-term perspective, the overall trend still maintains a bearish pattern, with no signs of change. The key support level below is around 72500. Overall, today's operational strategy still maintains a focus on high shorts. However, it is worth noting that there is a certain demand for rebounds in the intraday short-term perspective, so one should closely monitor market changes and reasonably manage positions and risks during operations.
For Bitcoin: 84800-85300 range, looking towards 84000-83200-82500
For Ethereum: 2130-2150 range, looking towards 2100-2050-2000
The price of Bitcoin has once again experienced a significant decline, plummeting sharply from 95,000 to 85,000. The bullish forces have been completely defeated, and all gains from the previous trading day have been completely wiped out. It has been proven that simply relying on short-term price increases stimulated by news cannot change the technical structure under the larger trend.
From the hourly technical indicators, the MACD indicator is currently in the negative zone, with the DIF line and DEA line showing a clear downward divergence, which clearly indicates that the short-term market is facing considerable downward pressure. Looking at the price trend, the current price is significantly below the EMA7, EMA30, and EMA120 moving averages, indicating that the price trends in the short, medium, and long term are all showing a weak pattern, with the EMA7 moving average constituting a resistance level for short-term price increases.
In summary, Bitcoin faces significant downward price pressure in the short term, and from a medium to long-term perspective, the price trend is also not optimistic, remaining in a weak state. Before the current downward pressure is effectively alleviated, there is no need for excessive hesitation; one can continue to focus on short positions to navigate the market trend.
For Bitcoin: 86,300-86,800 range, looking towards 85,500-85,000-84,000
For Ether: 2,130-2,150 range, looking towards 2,100-2,050-2,000
From the daily trend of Bitcoin, a lower shadow bearish candlestick pattern has formed, indicating that the bearish forces dominate the market, with an overall trend clearly leaning towards bearish. Looking at the four-hour range trend, the candlestick shows a step-down arrangement. After intense tug-of-war between the bulls and bears, an upper shadow bearish candlestick was left, indicating that the bearish forces remain strong and the market atmosphere is heavily bearish.
Finally, focusing on the one-hour chart, after a large bearish candle touches the bottom, a series of bullish candles appear, followed by another large bearish candle probing downwards. In summary, the operational advice for the future market is to continue holding the strategy of shorting on rebounds, grasping the market rhythm.
For Bitcoin: 88500-89000 range, looking towards 87700-87000-86500.
For Ethereum: 2260-2280 range, looking towards 2230-2200-2170.
This morning mentioned that there is a demand for a pullback in the market, the bulls can layout around the low position, the pullback has been verified as expected, and follow the trend to take it down! #比特币走势分析
Last night, Trump's remarks were like a heavy bomb, directly rewriting the direction of the cryptocurrency market. It is reported that the United States plans to include Bitcoin in its strategic reserves, clearly determined to seize the initiative in the global cryptocurrency field and take the lead. Once the news was released, the price of Bitcoin soared immediately. In just two hours, the price skyrocketed from around $85,500 to nearly $94,000, causing many short sellers to face liquidation. From the daily chart perspective, the price closed with a huge bullish candle, strongly rebounding above the middle band of the Bollinger Bands, and the bands are gradually narrowing. Meanwhile, the three lines of the KDJ indicator formed a golden cross and continue to diverge upwards, and the MACD indicator’s dual lines are turning upwards from a low position, also showing a trend towards a golden cross, with volume indicators beginning to release positive signals. All signs indicate that the bearish trend at the daily level has successfully reversed. However, even if the market situation is favorable, one should not blindly chase the rise. This is not a good time for aggressive positions; the future market is likely to show a fluctuating bullish trend. In terms of operational strategy, it is recommended to go long when the price pulls back, focusing on steady operations. For Bitcoin: Long at 92,000-91,500, targeting 93,000-93,500-94,000. For Ethereum: Long at 2,400-2,380, targeting 2,450-2,470-2,500.
Yesterday, the price of Bitcoin briefly fell below the 80,000 yuan mark, but the downward trend did not continue. It is worth noting that the bullish forces have significantly rebounded, demonstrating strong trading volume. Although the bulls have made multiple attempts to break through the resistance area, they have unfortunately been unable to succeed. Subsequently, the market experienced a pullback due to resistance, and the current price is oscillating narrowly around 84,500.
From the perspective of daily technical analysis, the current candlestick chart shows a bearish candle with a long lower shadow. This pattern fully reflects the cautious sentiment of market participants, with low trading activity and a noticeable lack of market liquidity. Based on this, it is expected that the market will likely maintain a small-scale oscillation pattern in the short term. For the bulls, turning the current situation around poses a significant challenge. In summary, regarding operational strategies, it is recommended to focus mainly on short positions.
For Bitcoin: 85,000-85,500 resistance, looking towards 84,000-83,500-83,000.
For Ethereum: 2,260-2,280 resistance, looking towards 2,230-2,200-2,180.
At the technical structure level, the price trend of the coin shows obvious weak characteristics. The daily line has closed in the red for three consecutive days, and this morning it even closed with a long lower shadow, indicating that bearish forces dominate the market. Currently, the coin price continues to operate below the lower track of the Bollinger Bands, and the opening of the Bollinger Bands has significantly expanded, further highlighting the bearish atmosphere in the market. From the perspective of the moving average system, the short-term moving average indicators are generally arranged downwards, with a solid bearish arrangement pattern, indicating that there is still considerable downward pressure in the short term.
Looking at the auxiliary indicators, the KDJ indicator has formed a death cross with three lines and continues to diverge downwards, indicating that the market's oversold sentiment continues; the MACD indicator also has a death cross downwards, and the green bars are continuously lengthening, showing that bearish momentum is being released. In addition, the trading volume has significantly increased, and the bearish selling power is strong, with the overall trend clearly showing a bearish dominance.
From a comprehensive analysis of the market environment, the US stock market performed weakly yesterday, with most indices declining. Except for a slight increase in the Dow Jones index, both the Nasdaq index and the S&P 500 index showed a downward trend. It is worth noting that after this round of coin prices broke below the critical support level of 90,000, more than 12% of Bitcoin addresses are in an unrealized loss state, which is the highest proportion since October 2024. Currently, the market lacks significant positive factors for support, making it difficult to reverse the current bearish pattern in the short term.
Based on the above analysis, today's operational suggestion is to maintain a short-selling strategy during rebounds.
For Wednesday's Bitcoin: 89200-89500 range, looking at 88000-87500-87000.
For Wednesday's Ethereum: 2530-2550 range, looking at 2500-2450-2400. #比特币走势分析
The market crashed, are the bulls still okay? #比特币走势分析 $BTC
web3言灏
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Bearish
On Tuesday morning, the market once again experienced a flash fall, and the market still failed to achieve large-volume support. It can be seen that the current market is in an extremely chaotic state, staging a big wash, and the trend fluctuated violently like a roller coaster, and finally ushered in a big drop. In the past 24 hours, the total amount of liquidation in the entire network was as high as 868 million US dollars, of which the amount of long orders was 800 million US dollars, and the amount of short orders was 64.36 million US dollars, and more than 292,600 people were liquidated.
Judging from the current market sentiment, short sentiment seems to be spreading, and the market has turned overnight and is on the verge of collapse. The price of big cake is very likely to fall to the 8-digit range. Once this happens, the overall trend will change, and every rebound may become an opportunity to enter the market.
From the technical structure analysis, the daily line closed with a big negative line, the weekly line quickly reversed, and the 4-hour level even fell through the oscillating upward trend line. With the exchange holdings and the market long-short ratio showing a one-sided trend, it is difficult for the market to see a strong rebound momentum. Due to the lack of new capital inflows, the market cannot get effective support at all.
In terms of short-term operations, given the sharp drop overnight, according to convention, the next day's operation is likely to continue the decline. Today's operation idea is very clear, that is, continue to short on the rebound. For the short-term support level below, you can focus on the 89,000 area first. In summary, the operation strategy on Tuesday is recommended to focus on rebound shorting!
Big cake: 92,700-93,000, looking at 91,500-90,800-90,000
Aunt: 2,530-2,550, looking at 2,480-2,450-2,4007,731,527,2348