$BTC $ETH #美国加密立法 #CPI数据来袭 #加密圆桌会议要点 #贸易战缓和 #ETH突破2500

Thursday Evening Market Analysis

During the daytime, Bitcoin shows a slow downward trend, using this movement to scare off low-level bargain hunters, causing them to panic and exit, creating a false illusion of a downward trend. However, in reality, there is a lack of sufficient support below to sustain a decline; it is more like a process of consolidation to prepare for a future upward movement.

Currently, although the price has pulled back, the daily chart has not changed; the K-line remains at a high level and has not broken through the range. In the four-hour chart, although the short-term trend is weak, the price is operating within a bearish cycle, with the four-hour moving averages sticking together quite tightly, and the price is also at the bottom. According to the current liquidity, it is relatively difficult for the four-hour bearish cycle to drop directly; maintaining a range-bound movement in the short term is more in line with demand. Both long and short liquidity need to gather within the volatility. The main support below still focuses on the recent spike low around 100600, while in the short term, we continue to pay attention to the 101500-101800 region; stopping short-term positions could lead to a rebound correction expectation.

Ethereum has recently performed quite strongly, with slow declines and rapid increases. Although it has seen some pullback due to Bitcoin's influence in the short term, the continuation is not strong. Once it stops and rebounds, the shift in attack and defense happens in an instant, so as long as there is a pullback, it presents a buying opportunity. The larger timeframe still favors bulls!

Thursday Evening Short-term Strategy

Aggressive traders can buy near the current price of Bitcoin at 101800; conservative traders can wait for a pullback to 101000 to enter long positions, initially focusing on the 103000 line above.

For Ethereum, aggressive traders can buy near the current price of 2550, initially focusing on around 2680 above!