The daily level shows a continuous rise for several days, forming a clear upward trend. Recently, the price broke through the previous high of 3673.84 but failed to stabilize effectively, showing signs of a pullback. The hourly level is oscillating within the range of 3630-3650, with some pressure in the short term, and the current K-line shows a slight bearish candle.
The MACD hourly line is near the zero axis, with the histogram turning from positive to negative, indicating weakening momentum; the daily MACD is still a negative bar, but the fast and slow lines are gradually approaching, potentially forming a death cross. The RSI has fallen from the overbought area to around 67, showing a decline in short-term momentum; the daily RSI remains above 80, indicating that the overall trend is still strong. The EMA hourly line has the 7-period moving average and the 30-period moving average converging, while the 120-period moving average is far below the current price, providing strong support; the daily EMA moving average system is in a bullish arrangement, with the price running along the EMA7.
Bitcoin: 118000-117500 long, target 119800-121000
Ethereum: 3580-3560 long, target 3700-3750
