From a technical perspective, although the current MACD indicator shows positive signs of increased volume and an emerging inflow of funds, unfortunately, this favorable factor has not successfully driven the K-line to break through previous highs. The DIF and DEA lines still hover below the zero axis and are gradually expanding, which clearly reflects the overall atmosphere of the current market remains weak, with bullish forces not yet in a dominant position.
Looking at the Bollinger Bands indicator, it is currently showing a contracting pattern, and the market's volatility is gradually narrowing. Additionally, while attempting to challenge the mid-track resistance level of 85000, it encountered significant resistance, and the upward momentum came to an abrupt halt, further confirming the current situation of insufficient momentum when pushing upwards.
Considering all technical indicators, the overall trend of the market at this stage exhibits neutral characteristics. Despite signs of fund inflows and increased positions, the upward momentum is still not strong enough, and the market remains in a consolidation phase. In summary, it is advisable to position around the range of high short and low long during the day.
For Bitcoin: 84300-84800 range, looking towards 83500-83000-82000
For Ethereum: 1940-1960 range, looking towards 1910-1880-1850
