Analysis of BTC Market Trends and Price Levels for No. 3.5
BTC Indicator Analysis:
Currently, the MACD bearish momentum is gradually weakening. If a bottom divergence appears later, it may signal a market reversal, indicating the possibility of price increases. However, the market is currently in a relatively balanced state between bulls and bears, with no obvious directional guidance. The KDJ indicator's J value has not yet entered the oversold zone, indicating that there is no significant oversold situation in the market yet, but caution should be taken regarding downside risks. If the J value continues to decline and enters the oversold zone in the future, it may suggest the arrival of a short-term bottom, indicating a demand for price rebound. The Bollinger Bands indicator is testing the support of the EMA30 moving average at 88000, with the middle band support at 87600. If this position is lost, there may be a drop to the vacuum area of 84500-85500. The level of 88000 serves as a short-term dividing line between bulls and bears. If it can stabilize and break through, the upside space may open up. On the 4-hour level for Bitcoin, the EMA30 moving average and others become important support levels. If the price continues to operate above the moving average, it indicates strong bullish momentum.
Key Levels to Watch:
Support Level: 78197 (7-day low)
Resistance Level: 94000 (50-day EMA)
BTC Suggested Levels:
Enter long positions near the 86800—87800 range,
Take profit: 89800—90500
Stop loss: 86200
ETH Suggested Levels:
Enter long positions near the 2080—2130 range
Take profit: 2250—2280
Stop loss: 2040
Market analysis is only a prediction of direction, and the strategies provided are for reference only! Each person's position, price, risk tolerance, and investment trading cycle are completely different. Therefore, no universal advice can be given. Investing carries risks; please proceed with caution. Live market: btc08010