Technical Analysis: BTC, ETH

For three consecutive weeks, there has been a rise, with last week's increase reaching 10%, showing a strong upward trend.

Current prices have significantly deviated from the moving average support, with evident short-term overbought signs, indicating a demand for a correction in the technical aspect.

The key resistance above is at 95,000 (historical dense trading area); if it cannot break through, the market may enter a consolidation adjustment for 1-2 weeks to repair technical indicators.

In the next two weeks, it is essential to focus on the support area of 92,000-89,000. If it stabilizes, the short-term trend may still remain strong.

Daily Level: The recent upward trend has encountered resistance around 95,000, showing signs of stagnation. Yesterday closed with a decline, opening below the 7-day moving average, increasing the probability of a short-term correction, with a key defense level at 92,000. If this support is broken, it may further test around 89,000.

4-Hour Level: After two attempts to attack 95,000, there has been a pullback. The short-term moving average support has been lost, with a rebound after probing 92,800 in the morning. The Asian session may continue to rebound, but overall it is still in a high-level adjustment phase.

Intraday Operation Strategy:

Upper Pressure: 94,300-95,300 (If rebound encounters resistance, consider a short position)

Lower Support: 92,500-91,500 (If it stabilizes after a pullback, consider a long position)

ETH Technical Analysis

Weekly Level: After two weeks of bottoming, last week closed up 13%, with 1,580 becoming a key short-term support. The current price has entered a high-level consolidation phase, with 1,830-1,850 as the previous dense pressure area that needs to break through with volume to open a new round of upward space (target 2,150).

Daily Level: After multiple tests of 1,850, there has been a pullback, indicating strong selling pressure in that area.

In the short term, it is highly likely to maintain a range fluctuation between 1,750-1,850. If it pulls back without breaking 1,750, it still constitutes a strong consolidation.

4-Hour Level: After multiple highs at 1,850, there has been a pullback, with a rebound after probing 1,750 in the morning, consistent with weak adjustment characteristics.

Intraday Operation Strategy: Upper Pressure: 1,790-1,810 (If rebound is weak, consider a short position)

Lower Support: 1,750-1,730 (If it stabilizes, consider a low buy layout)

BTC has entered a short-term adjustment phase, focusing on the breakthrough situation in the 92,000-95,000 range.

ETH maintains a consolidation phase, with 1,750-1,850 as the key fluctuation range, and the breakthrough will determine the market direction.

Market sentiment is becoming cautious, and it is necessary to judge the short-term trend in conjunction with volume changes. #以太坊的未来