2024-12-30-7:03PM
BTC 4-Hour Intraday Strategy Trend Analysis
Bitcoin has touched short-term support near 93000, with significant volume increase. Currently, the SKDJ value is at a midline 50 death cross, and the candlestick pattern shows a bearish cannon. The Fibonacci support level at 93143 has been invalidated.
There is a high probability that it will drop to the Fibonacci support level around 92365, with a second level around 91587. We need to consider the candlestick pattern and whether the SKDJ, including volume, meets the Fibonacci fourth-degree trading method.
We can only tentatively set support as the entry point, and we need the market to show more dimensions.
ETH 4-Hour Intraday Strategy Trend Analysis
Ethereum performed exceptionally strongly last Saturday and Sunday. Compared to Bitcoin, Ethereum's degree of pullback is relatively small. Currently, Ethereum's trend is repeatedly testing the Fibonacci support level at 3332.
However, the market's volume performance has been poor, remaining in a state of increased volume without showing signs of reduced volume to stop the decline. The candlestick pattern is also a bearish cannon shape, and the SKDJ is at a midline 50 death cross.
We can see around 3274 below. Considering the candlestick pattern and whether the SKDJ, including volume, meets the Fibonacci fourth-degree trading method, we can only tentatively set support as the entry point.
We need the market to show more dimensions.
BTC Intraday Strategy
B: 91582
T: 94000
S: 90479
ETH Intraday Strategy
B: 3274
T: 3350
S: 3220