Today's Market Analysis!
The daily level of $BTC is currently repairing the lower shadow of yesterday's bearish candle, indicating that the market is still in a high-level volatility state with fierce competition between bulls and bears.
The bulls have launched a strong rebound during the day, weakening the continuity of short-term adjustments. The daily structure has shifted from a weak correction to a strong oscillation pattern, with the key support range confirmed.
Observing from the 4-hour level, the big coin shows three positive signals:
Bearish energy is continuously shrinking, prices have received support at the bottom of the wide range and have consecutively closed in the green. Technical indicators collectively point to the resistance zone of 105,500-106,000, indicating that the market still has upward momentum in the short term.
The $ETH also shows characteristics of severe volatility, with multiple V-shaped reversals occurring in the range of 2,475-2,646 yesterday. It has currently rebounded to around 2,600, indicating that the battle between bulls and bears has entered a heated stage, with clear market divergence.
In terms of operating strategy, it is recommended to maintain a buy-on-dips approach for the big coin, with a focus on the 102,000 support level. The resistance zone of 105,500-106,000 may consider short positions in the short term.
For the second coin, refer to the range of 2,530-2,620 dollars for high selling and low buying operations.
It is necessary to be cautious as the hourly MACD has formed a golden cross but is still below the zero axis, raising doubts about the sustainability of the rebound; the narrowing Bollinger Bands indicate a decrease in volatility, and caution should be taken against false breakout risks; additionally, news of the Trump family purchasing EOS may divert market funds and affect short-term trends.
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, expecting a space of over ten times is not a problem. Like + comment, and I will take you through the entire bull market layout!
