#BTC Trend Analysis BTC Perspective
The daily closing is a doji, and the current upward trend of Bitcoin is still ongoing.
The daily MACD has risen above the 0 axis for the first time, indicating a high probability that a pullback confirmation is needed, and the price will enter a sideways consolidation phase. Be patient and wait for the 30 pullback to appear. Focus on long positions, but also be aware of risks, as the rising trading volume is not particularly good and shows slight signs of contraction, which poses a risk.
Key support area for Bitcoin: 89500-90600. If a stop-loss sign can be given, the washout must also show a decrease in volume. The washout can be horizontal instead of a decline, or it can actively decline 📉 or make a strong adjustment; however, the probability of a strong adjustment is low!
ETH Perspective: It has broken through the critical resistance level of 1690, and the price is operating near the lower left point range, with key support at 1725 and 1750. However, the overall trend is weak, so treat the rebound after the decline with caution! Focus on swing trading for long positions! #BTC#