April 29th, Tuesday Bitcoin Ethereum Morning Market Analysis and Suggestions
Yesterday's Asian session low strategy and US session high strategy were accurately executed, achieving a dual kill for both long and short positions within the day.
The daily level shows a high-level fluctuation pattern, with prices entering a phase of adjustment. The four-hour chart indicates that MACD is operating below the zero line, releasing bearish momentum, while the RSI around the neutral value of 60 reflects a temporary balance of long and short forces. It should be noted that the hourly chart's KDJ has shown a downward turning signal, creating a technical divergence with the upward divergence on the four-hour level. Overall judgment suggests focusing on rebound strategies in the morning.
Bitcoin range 95300-95800, target 93000-93500.
Ethereum range 1810-1830, target 1730-1750.
