Looking at the #BTC #ETH -hour level, although the recent price ratio has retreated somewhat, the current price has gradually recovered to above the middle track, with potential to test the upper track upwards. Currently, the DIF line is below the DEA line, and the MACD value is negative, indicating a dominant state of the short-term price. However, observing the MACD histogram, we can see that the length of the green bars is gradually shortening, which suggests that the strength of the downward trend is gradually weakening, while the upward trend is accumulating strength. It is expected that in the short term, the price ratio may first oscillate around the current position to digest the downward trend strength, and with the further enhancement of the upward trend strength, the price is expected to break upwards and test higher positions. In the evening operations, Lao Hu still advises to focus on short-term trading with a low upward trend approach.

Operational suggestions

For Bitcoin, around 117500, target first at 119000.

For Ether, around 3530, target first at 3600.