Bitcoin and Ethereum Trend Analysis:
Hello, coin friends! The downtrend has opened up, and bottom-fishing carries risks! Below is the latest market analysis for Bitcoin and Ethereum.
Bitcoin Market
From a daily perspective, Bitcoin's daily K-line has closed in the red for two consecutive days, and the price has already fallen below the middle track support, currently oscillating around the middle track for correction. In terms of technical indicators, the MACD indicator shows that bullish momentum is continually shrinking and approaching exhaustion, while the KDJ indicator has formed a death cross and is diverging downwards, indicating that bears currently hold an absolute advantage.
Looking at the 4-hour level, the price is oscillating around the lower track; on the hourly chart, there are signs of a rebound at the lower track support, with a trend towards upward testing of resistance. Overall, the daily operation suggests a focus on high short positions.
The upper resistance levels for Bitcoin are 106200, 107200, and 108500. Coin friends planning to short can consider entering in these areas. The lower support levels to pay close attention to are 105000, 104000, and 103000.
Ethereum Market
For Ethereum, the upper resistance levels are 2430, 2460, and 2500, and short operations can refer to these areas for entry. The lower support levels are 2370, 2320, and 2250.
The above is just my personal viewpoint; the market is unpredictable, and the analysis is for your reference only. Investment decisions should still be made with caution! #美股代币化