8.4 Morning Thought Analysis $BTC $ETH

In the technical analysis of the 4-hour cycle, the recent K-line trend of Bitcoin shows a series of small bullish candles, indicating that market sentiment is gradually warming up. However, as the price approaches the previous high area, upward pressure gradually emerges, suggesting that there may be some selling pressure, and therefore, the market may enter a consolidation phase in the short term.

In terms of technical indicators, the performance of MACD within the 4-hour cycle is quite critical. DIF and DEA are still below the zero axis; although the overall trend shows strong bearish strength, recent golden cross signs and the histogram turning from green to red indicate that bullish forces are gradually strengthening in the short term. In particular, the histogram turning red means that buying power in the market is accumulating, which may provide some support for the price, thereby driving a short-term increase.

Therefore, in terms of operations, it may be appropriate to consider buying on dips within the current price range, but it is important to note that the current price is already close to the previous high area, posing a greater risk. It is recommended that investors make flexible adjustments based on market fluctuations and closely monitor whether the price breaks above the pressure area; if the breakthrough is successful, the target for long positions can be gradually increased.

Operational Suggestions:

Bitcoin**: The current range is 113700-114200. If the price retraces to this range, consider going long. The target position can be set in the 115400-116500 range, and it is expected to approach this target area in the short term. During the operation, be sure to establish a defensive point; it is recommended to set the stop-loss at 113500 to prevent unnecessary losses due to significant fluctuations.

Altcoin**: Long positions for this variety can be laid out in the 3480-3500 range. If the price declines to around this range, a certain rebound is expected in the short term. The target position is in the 3600-3650 range, and it is expected that the market will have some upward space. Similarly, it is recommended to set the stop-loss at 3450 to cope with sudden market risks.

(The market changes rapidly; the above analysis and operational suggestions are for reference only; investment should be cautious!)