4.8 Bitcoin/Ethereum Market Analysis and Thought Reference

The daily Bitcoin price range is oscillating between 74500 and 81500, showing a characteristic of both bullish and bearish movements. The EMA trend remains downward, MACD is decreasing in volume, and the DIF and DEA are diverging on a death cross. The K-line is approaching the lower Bollinger Band at 79000, and attention should be paid to whether it can stabilize at the lower band, while also guarding against the pressure at the middle band around 84000.

After a strong climb on the four-hour line, there was a pullback, testing the EMA15 fast line resistance at 79700. MACD is decreasing in volume and accumulating positions, while the DIF and DEA are contracting in the short term. The Bollinger Band is widening, and the coin price is hitting the resistance at 81500, with an oversold market warming up, making short-term longs effective. The remaining portion can continue to be held to observe further market developments.

Long from 76500 to 77500, add position at 76000, stop loss at 500 points, target at 78500 to 79300 and 80000.

Short from 83000 to 83500, add position at 84200, stop loss at 500 points, target at 82000 to 81500 and 8100.

For Ethereum, the upper resistance level is at 1680 to 1730 for short selling, add position at 1780, stop loss at 50 points, target at 1670 to 1600 and 1550.

Long from 1520 to 1460, add position at 1430, stop loss at 50 points, target at 1550 to 1600 and 1700.

The analysis in this article is only a personal opinion and should not be taken as investment advice. Any profits or losses incurred from operating based on this are at your own risk. Investment carries risks, so be sure to prepare and decide cautiously before trading. #风险回报比 $BTC