BTC ETH 4 Hour Market Analysis and Trading Suggestions!

1. Technical Analysis

BTC (4 Hour Chart) price fluctuates around the moving average, with the prior upward trend line support still in place, but the battle between bulls and bears is intensifying.

EMA moving averages intertwine, indicating an unclear short-term direction; the MACD indicator is near the zero line, with green and red bars alternating, showing a repeated switch in momentum; the KDJ indicator is in a neutral range, waiting for a breakout signal.

ETH (4 Hour Chart) is overall stronger than BTC, with moving averages in a bullish arrangement, and price oscillating upward based on the moving averages.

The MACD indicator shows continuous red bars, indicating the continuation of the bullish trend; the KDJ indicator is close to overbought but has not clearly turned, still having upward momentum.

2. Key Levels Analysis

BTC Support Level: 104500 is a key support level, having stabilized multiple times in the past; if it holds, bulls may have a chance to counterattack.

Resistance Level: 105500 is short-term resistance; if broken, it opens up upward space, targeting 106000. ETH Support Level: 2620 is the moving average support zone; if it retraces without breaking, a long position can be taken.

Resistance Level: 2680 is resistance from previous highs; if broken, look towards the 2700 integer level.

3. Trading Suggestions

BTC Strategy Long Entry Point: Price retraces to the 104500 - 104800 range, enter when a small bullish candlestick or doji stabilizes.

Stop Loss Point: Set below 104200; exit if support is broken. Take Profit Point: First look at 105300, if broken, look at 105800.

Short Entry Point: Price rebounds to the 105500 - 105800 range, short when a long upper shadow or stagnation K line appears. Stop Loss Point: Set above 106000; exit if resistance is broken. Take Profit Point: First look at 104800, if broken, look at 104500.

ETH Strategy Long Entry Point: Price retraces to the 2620 - 2630 range; enter after stabilization.

Stop Loss Point: Set below 2600; exit if support is broken. Take Profit Point: First look at 2670, if broken, look at 2700.

Short Entry Point: Price rises to the 2680 - 2700 range; short when stagnation signals appear.

Stop Loss Point: Set above 2720; exit if resistance is broken. Take Profit Point: First look at 2650, if broken, look at 2620.