#合约挑战 Recently, I've been writing articles on the public account every day, and the square has been posting less. In the future, I will synchronize this, so everyone can refer to it. So far, I haven't missed any market movements, nor have I made any wrong calls!
BTC market advice
From the comprehensive analysis of BTC's daily, 4-hour, 1-hour, and 30-minute trends, the recent price has shown an overall upward oscillating trend. The moving averages across various cycles mostly show a bullish arrangement, indicating that the bulls hold a certain advantage. Indicators such as MACD also release positive signals across different cycles, although some short-cycle indicators show signs of flattening or slight divergence, suggesting that the upward pace may slow down.
Support point: Around 105600. This range has recently served as a support area during price pullbacks, with the price often receiving buying support for rebounds here, and the moving average system provides certain support, indicating strong intention from the bulls to defend this level.
Resistance point: 108000 - 108200. This range has been touched multiple times by the recent price but has not been effectively broken, accumulating a certain amount of trapped positions and selling pressure, forming strong resistance.
ETH market advice
The 4-hour and daily market fluctuations are quite frequent, with multiple pullbacks and rebounds. Recently, the price has been oscillating within a certain range, and the moving average system shows a tangled state, indicating that the forces of bulls and bears are relatively balanced in the medium term. However, the price has not effectively broken through key support, and the bulls still possess some strength. The 1-hour chart provides a clearer view of short-term fluctuations, with the price oscillating around the moving average, and indicators like MACD hovering near the zero line, showing that the short-term trend is unclear, with intense competition between bulls and bears.
On the 30-minute chart, the price fluctuations are quite sensitive, with recent signs of a peak followed by a pullback, and the MACD indicator shows a top divergence, indicating a weakening of short-term upward momentum.
Support point: The lower support level can be observed in the 2500 - 2480 range. Previously, the price has repeatedly found support for rebounds near this area, and from the moving average system, there is also support from the moving averages in this region.
Resistance point: Attention to the upper resistance level in the 2640 - 2660 range. This range is a previous stage high area during the price increase, forming certain trapped position pressure, and technically, it is close to the overbought area.
