Bitcoin (BTC) Market Analysis Price Performance and Key Support Level Real-time Price: $94,846.72, down 1.45% from the previous day, intraday fluctuation range $93,500-$95,844.
Technical Support: Price fell below the psychological level of $95,000, but still operating above the 50-day moving average ($91,330) and the 200-day moving average ($85,300), with a mid-term upward trend.
Key Resistance: The $96,000 area is short-term resistance, need to pay attention to the $97,500-$99,000 range after a breakthrough, with an ultimate target of $100,000.
Technical Indicators and Capital Flow RSI Index: Receded from a high of 57, in the neutral zone, bullish momentum weakened but no death cross formed.
Institutional Funds: Approximately 7,000 BTC net inflow into Bitcoin ETF in a single day, with assets under management stable above $110 billion, but growth rate slowing.
Whale Activity: The number of addresses holding over 1,000 BTC increased by 60, large investors continue to accumulate, and trading volume has rebounded.
Market Sentiment and Risk Sentiment Indicators: Cryptocurrency Fear and Greed Index is in the neutral to greedy range, having retreated from previous highs, with stable Google search volume.
Short-term Risks: Increased likelihood of a pullback to the $92,500-$93,500 range, need to watch for a deep correction below $90,000.
Ethereum (ETH) Market Analysis Price Performance and Key Support Level Real-time Price: $1,819.16, down slightly by 0.63% from the previous day, intraday fluctuation range $1,806-$1,836.
Technical Support: Price maintained above $1,800, but failed to break through the $1,850 resistance level, showing signs of consolidation.
Key Resistance: $1,850 is short-term resistance, need to pay attention to the $1,900-$2,000 range after a breakthrough, with a long-term target of $2,200.
Technical Indicators and Capital Flow RSI Index: At 57.19 level, showing a neutral to strong bias; MACD maintains a golden cross, but the height of the histogram is decreasing, indicating weakening upward momentum.
Institutional Funds: Approximately 10,940 ETH added to Ethereum ETF in a single day, valued at about $20 million, with $20.1 million inflow into BlackRock ETF in a single day.
Layer 2 Development: Increased user and developer activity, but limited direct impact on ETH price in the short term.
Market Sentiment and Risk Sentiment Indicators: ETH/BTC ratio close to 0.019, showing slightly weak performance, need to watch for rebound signals.
Short-term Risks: If the ETH/BTC ratio continues to decline, it is recommended to prioritize Bitcoin; a breakthrough of the $1,850 resistance level should be accompanied by increased trading volume.
Recently, the market has been particularly strange; unusual events often lead to surprises, and preventive measures against black swan events are necessary!
