The daily line is a small bullish candle with long upper and lower shadows in a doji pattern, and the trading volume is more than 2.6 times that of the previous day, maintaining an upward oscillation trend.
The daily MA30 line maintains an upward trend, and the MACD shows weakening downward momentum above the zero axis.
Ethereum has also reached a new high, but it is passively following Bitcoin's rise, so when Bitcoin falls back, Ethereum also falls back.
In the short term, it will still follow Bitcoin's trend, and we need to wait for Bitcoin to break through the integer level and stabilize before Ethereum can see a rebound.
According to previous trend conditions, Bitcoin rises first, followed by Ethereum, leading altcoins to start rotating upward.
Hold onto the spot Ethereum bought at a low position, and after Bitcoin stabilizes, continue to push higher.
Daily level resistance at 4200-4290-4500, support at 3830-3650-3510-3420
From the hourly level, it is currently showing a 12-hour rebound with a 4-hour rebound making new highs.
On the short term, you can go long at 3915 and 3880, and short at 4200.
From the three-day liquidation heat map
Price is moving upward, with some large short positions waiting for liquidation in the 4108-4156 range.
Price is moving downward, with a large number of large and super large long positions waiting for liquidation in the 3936-3730 range.
