Maple Views Trends: Bitcoin/Ethereum Market Analysis and Trading Suggestions at 4:00 AM
From a technical structure perspective, Bitcoin/Ethereum's daily MA5 and MA10 moving averages are under pressure and weakening. Currently, the coin price is oscillating closely with MA30. The main chart shows a slight gap between the coin price and MA5. On the 12-hour chart, the MACD has a death cross with a significant bearish volume drop. In the BOLL, the current coin price shows a breakdown decline. The situation with the moving averages is not much different from the daily level. Due to the recent strong downward trend, the daily and 12-hour indicators have experienced varying degrees of breakdown. Therefore, it is expected that the market after midnight will mainly show a slight rebound or oscillation adjustment. In terms of operations, one can buy on dips at low points, specific levels can be referenced:
btc: 78000-77500 buy, target 80000
eth: 1520-1500 buy in batches, target 1580
The above is my personal trading suggestion for the early morning. The market changes rapidly, and this article has certain latency. Specific operations should be based on real-time guidance. If you have any questions, feel free to consult. #BTC走势分析