Analysis at 8.19 AM
After a sharp drop in cryptocurrency prices at the 4-hour level, there has been a downward oscillation. The MACD green bars continue, with the fast and slow lines diverging downwards, indicating a clear dominance of bears. The daily MACD has formed a death cross, suggesting a weak market; the RSI reports 28.87, nearing oversold conditions, indicating a potential slight rebound in the short term, but not reaching extreme values, and there is still room for further decline. The weekly chart shows a "double top" pattern, with 124474 possibly being a phase peak. At the daily level, the bears are dominant, with MACD divergence, and the shrinking volume with falling prices indicates weak buying interest and significant pressure, suggesting a bias towards short positions.
Trading Suggestions:
Go short around 117000-117500 for Bitcoin, targeting a drop to around 114600-115100.
Go short around 4380-4410 for Ethereum, targeting a drop to around 4220-4250. $BTC $ETH #加密市场回调 #Strategy增持比特币 #ETH质押退出动态观察 #BitDigital转型