On the hourly level, #BTC #ETH , although the price ratio has recently retreated, the current position has gradually recaptured the lost ground above the middle track, and there is momentum to test the upper track. Currently, the DIF line is below the DEA line, and the MACD value is negative, indicating that in the short term, the market is in a state where the upward trend is dominant. However, by observing the MACD histogram, we can find that the length of the green bars is gradually shortening, which suggests that the upward strength is gradually weakening, and the downward strength is accumulating. It is expected that in the short term, the price ratio may first consolidate around the current position to digest the upward strength. With further strengthening of the downward strength, the price is expected to break upwards and test higher positions. For evening operations, Lao Hu still recommends focusing on short-term trading with a low upward approach.

Operation Suggestions

For Bitcoin around 117500, aim for 119000 first.

For Ether around 3530, aim for 3600 first.