Bitcoin's current daily level shows that the recent price has fallen back to 116550 after reaching a high of 117621, forming a long upper shadow, indicating strong selling pressure above. On the 4-hour level, the price quickly rose from 114787 to 117472 before experiencing a downward fluctuation, currently in an adjustment phase. The daily MACD histogram is shortening, with the fast and slow lines approaching the zero axis, indicating weakening momentum; the 4-hour MACD red bars are gradually decreasing, with signs of a death cross between the fast and slow lines, showing a short-term bearish trend. The daily RSI is 58, not in the overbought zone, but still in a relatively strong area; the 4-hour RSI has dropped from 67 to 58, indicating a decline in bullish strength. It is recommended to enter at a high position today.
Operation suggestions: Enter Bitcoin around 116800 to 117300, target around 115500; enter Ethereum around 3910 to 3940, target around 3850. Market conditions are constantly changing, and the article is time-sensitive, so friends entering the market should focus on real-time guidance.
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