When will the fluctuation pattern of $BTC break through? Full analysis of key levels and trading strategies
The market is like life, with ups and downs as part of cultivation. Every movement of the K-line tells the common philosophy of investment and life: there is no need to regret missed opportunities, as the market will always provide new chances; there is also no need to be anxious about temporary floating losses, as true winners know how to befriend time. In the afternoon, the price reached a high point of 119328 before falling back to around the low point of 118184 for consolidation, followed by a surge of bulls, currently operating around 118900. In the afternoon, the range strategy given by Yunlu accurately captured over 1000 points; Ethereum fell back from the afternoon high of 3885, then slightly rebounded to around 3850 near the low of 3811 for consolidation. In the afternoon, the Ethereum short position successfully captured 64 points.
Technical analysis shows that Bitcoin is under short-term pressure at the 119300 level, with 118000 forming key support; Ethereum faces strong resistance in the 3880-3900 range, while 3800 is an important support level. The current 4-hour MACD indicator shows weakening bullish momentum, with RSI in the neutral zone, and the Bollinger Bands continuing to narrow, indicating an imminent trend change. The market is about to choose a direction, and investors should remain cautious and wait for a clear trend before making moves.
Bitcoin suggestion: Buy on dips near 118000, target 119500; Sell if resistance is encountered near 119300-119500, target 118200.
Ethereum suggestion: Lightly test buy at 3810-3830, target 3880; Sell in the 3880-3900 resistance zone, target 3820-3800.
