Technical Analysis: BTC (Bitcoin)
Daily Level: Overall maintaining a fluctuating upward pattern, with prices consistently above the lower blue trend line support. Currently in the adjustment phase after the third wave of upward movement, the market is entering a consolidation period in the short term, with key support this week located around 98.
4-Hour Level: Recently, prices have been fluctuating within the 103-105 range, with a high of 1058 yesterday before retreating, forming a three consecutive bearish candle pattern, and breaking below the short-term box bottom of 103, indicating that the market may continue to adjust.
Intraday Strategy: Focus on the resistance zone above at 1028-1038 and key support below at the 1008-998 range.
ETH (Ethereum):
Daily Level: In the past two days, the price peaked around 2600 before retreating, forming a double top pattern. Today, the downward adjustment continues, entering a phase of adjustment. The overall bullish trend remains unchanged, but there is strong selling pressure in the 2600-2800 range, requiring adjustment to build momentum before breaking through 2800 and challenging the target level of 3050.
4-Hour Level: Multiple attempts to break above 2600 have failed, with the short-term low around 2400. In the upward trend that started from 1800, 2280 is the key support level, and we currently need to wait for bottom confirmation, focusing on the 2350-2280 range.
Intraday Strategy: Focus on the resistance zone above at 2460-2490 and key support below at 2380-2350. #策略交易