Bitcoin Technical Analysis————
The daily chart shows a bullish candlestick for the previous K, which has re-established itself above the 7-day moving average. The opening price tested the 7-day moving average and has temporarily found support. The Bollinger Bands are opening upwards, and the short-term moving averages are aligned upwards. The MACD fast and slow lines are extending upwards, with the volume bars decreasing. The KDJ is moving upwards again, and attention should be paid to the resistance near the 100 level. The VR indicator is consolidating around the 280 level, and the RSI is oscillating in the overbought zone. On the 4-hour chart, the price is oscillating within the Bollinger Bands, testing the upper band again. The Bollinger Bands continue to maintain a narrow flat range, with short-term moving averages running around the mid-band. The MACD fast and slow lines are trending downwards, showing signs of a turnaround, with decreasing volume bars. The KDJ is extending upwards again, and attention should be paid to the resistance near the 100 level. The VR indicator is consolidating around the 180 level. Overall, the technical outlook is bullish, but one should be cautious as new highs are reached, as the divergence on the 4-hour chart has not been corrected yet. Therefore, in the short term, continue to use the previous high area as a reference for resistance, and secondarily the area below 97000. Short-term suggestions are as follows.
Bitcoin short-term suggestions: 95300 short, (96600 short), 92800 long, (91880 long) (activate strategy at profit discretion)
Ethereum Technical Analysis————
The daily chart of Ethereum is currently testing the upper band and the 60-day moving average area. The short-term outlook remains unchanged as previously mentioned, and the strategy is the same. If it breaks out, it will readjust. Overall, the technical situation is linked to Bitcoin for reference. Short-term suggestions are as follows.
Ethereum short-term suggestions: 1838 short, (1888 short), 1738 long, (1688 long) (activate strategy at profit discretion)