Bitcoin expected development, testing the 100,000 mark! Can Ethereum break through the 2000 range, a nightmare for the bears?

First, looking at the short-term data, Bitcoin's hourly price is below the upper track, the Bollinger Bands are overall showing inward contraction, MACD bulls are continuously reducing volume, there is still downward space in the short term, RSI is trading in a step-down manner, and KDJ has also formed a dead cross continuing to extend downward. The overall trend appears weak, reaching a high of around 998, continue to monitor, if this round of short-term bulls finishes, there may be a sharp decline.

Regarding Ethereum, the Bollinger Band channel is overall expanding outward, MACD bulls are continuously increasing volume, in the short term, there is still upward space, KDJ is watching for the formation of a dead cross, RSI trading volume is still above the overbought area, and the overall trend is still in a slowly rising state. Continue to monitor whether the trend around 2000 is deformed.

Current market trend indicates that Bitcoin is in a consolidation phase in the short term, while Ethereum still has upward space, we can focus on rebounds for layout within the day, targeting the resistance area above.

Short-term operations:

Bitcoin around 998-1002, target below at 985-990.

Ethereum around 199-203, target below at 189-193. #BTC #ETH $BTC $ETH