$ETH The market won't let down those who take it seriously. Every bit of research you do, every note you take, every pitfall you encounter will become your armor for avoiding risk next time. Even if your account is flush with cash now, don't deny your hard work—volatility is normal, and your growth is quietly accumulating during these "less-than-ideal" days. When the wind blows, you'll be ready to catch it. In the early morning, the price of Bitcoin continued its upward trend, reaching a high of 115,716 before retreating to consolidate around 114,900. Ethereum also surged to 3,698 before retreating to 3,670, still holding above the 3,620 neckline. Yesterday, three bullish Bitcoin traders gained 3,311 points, and three bullish Ethereum traders gained 215 points.
The 4-hour level shows that there is obvious selling pressure in the 115700-116000 range. The long upper shadow line of the current K-line indicates the need for short-term adjustment. The key support is 114500 (previous high turned into support) and 113800. The 1-hour level shows that there is pressure from trapped shares in the 3690-3700 range, and the short-term support is 3650. In terms of technical indicators, the MACD red column of Bitcoin has slightly shrunk but remains upward, and the RSI (67) is close to the overbought zone; the closing of the Ethereum Bollinger Bands indicates a decrease in volatility, and the KDJ has formed a high-level death cross. We need to be vigilant about the liquidity risk in the early Asian session and focus on the impact of the opening of US stock futures.
Bitcoin suggestion: Go long if it stabilizes at 114500-114800, with a target of 116000
Ethereum suggestion: Go long around 3660-3670, with a target of 3700-3720#加密股IPO季