【Latest Analysis of Bitcoin and Ethereum Market】

Currently, the market is in a tug-of-war between bulls and bears, but a breakout opportunity is brewing! The indicators have rebounded near the middle track and are under pressure, while the moving average system is tangled, indicating an unclear market direction. However, the Bollinger Bands are starting to narrow; if the price cannot stabilize at the middle track, it may test lower again.

Key Observation Points: Middle Track Pressure: If the price rebounds but fails to surpass the middle track, it can be seen as a bearish signal.

Support Level Defense: If it breaks below the previous low with volume, a bearish trend will be confirmed.

Indicator Coordination: The MACD green bars have not significantly contracted, and the KDJ rebound is weak, with bears still in control.

Personal Suggestion: Bitcoin 118000-118500 bearish

Target: 116000-115000

Ethereum: 4450-4480 bearish

Target: 4300-4200

​