Sunday Morning Thought Analysis

From a technical perspective, Bitcoin (BTC) is currently consolidating on the hourly chart, and the convergence phase is nearing its end. The MACD lines are close to the zero axis, the RSI is hovering around 50, and although the KDJ shows signs of a golden cross, it hasn’t fully diverged yet, indicating that the buying and selling forces are roughly equal, and there’s no significant direction for now. However, the price remains above the short-term moving averages, and the lows are gradually rising, suggesting a brewing opportunity for an upward movement. From the 4-hour chart, the overall trend is still bullish, with slightly increased trading volume, indicating support from buyers.

Therefore, Feige suggests focusing on buying low after a pullback in the morning session, especially observing the momentum changes after a breakout.

Consider long positions for Bitcoin around 114500 to 115000, targeting 116000;

For Ethereum, consider going long near 4730, targeting 4800. $BTC $ETH #ETH创历史新高 #美国初请失业金人数 #比特币巨鲸换仓以太坊