๐ Technical Analysis โ BTC & ETH
Timeframe: 1h โ 4h โ 24h
๐ Bitcoin (BTC)
๐น 1H
Price is consolidating after a sharp drop.
Short-term moving averages are flat โ low momentum.
MACD still slightly negative, no clear bullish crossover yet. โก๏ธ Short-term: sideways / weak recovery attempts
๐น 4H
BTC rejected from the local high area and is now ranging.
Price hovering around short-term MAs, indicating indecision.
Volume decreasing โ lack of conviction. โก๏ธ Neutral bias, waiting for direction
๐น 1D
Structure remains corrective after the previous strong down move.
Price below long-term MA โ trend still fragile.
Daily MACD recovering but not confirmed. โก๏ธ Key level to hold for stabilization, otherwise risk of continuation
๐ต Ethereum (ETH)
๐น 1H
Strong bearish impulse followed by consolidation.
Price struggling to regain short-term averages.
Momentum weak, buyers still cautious. โก๏ธ Short-term: consolidation after sell-off
๐น 4H
ETH remains under pressure after rejection from local highs.
Lower highs structure still valid.
MACD negative โ momentum favors sellers. โก๏ธ Bearish to neutral bias
๐น 1D
Daily structure still corrective.
Price below major moving averages.
No clear trend reversal signal yet. โก๏ธ ETH needs a higher low to shift momentum
โ ๏ธ Summary
BTC: consolidation phase, market waiting for confirmation
ETH: weaker structure compared to BTC
Volatility compression suggests a move is coming, but direction not confirmed
๐ This analysis is based solely on technical indicators and price action.
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