Currently, after the closing line in the early morning, from the 4-hour chart perspective, Bitcoin is running near the lower band of the BOLL, and the MA 5, 10, and 30-day moving averages are resonating downwards. In terms of indicators, the MACD is slightly expanding below the zero axis, and the KDJ three lines are forming a high-level downward pattern. Combined with the hourly chart, it shows that the current bullish momentum is continuously diminishing, and the price is very likely to return to the downward channel. Overall, Bitcoin is biased towards a fluctuating retracement sentiment in the short term. The high point resistance is referenced at the 108500-110000 line, so my personal view in the early morning is to maintain a high-level thinking. This is relatively prudent.
Operational idea: 107500 long Add position long at 108500 Target: 106500-105500 is sufficient Stop loss at 108800
Ethereum's overall trend currently diverges from Bitcoin. From the 4-hour chart perspective, the current price is still running above the middle band of the BOLL and the MA 30-day moving average. Additionally, on the daily chart, Ethereum lags behind Bitcoin by several cycles. Although short-term indicators tend to resonate and decline, the bearish sentiment weakens as it touches the daily MA 5 moving average support at 2620, indicating that there is still certain support at this level in the short term. Therefore, my personal view in the early morning is to maintain a strategy of first low and then high.
Operational idea: 2620-2590 low Target: 2670-2720 is sufficient Stop loss at 2570
After the high point retracement comes back, it will be given.
For the short-term trend, it is expected to be sufficient, and I will continue to follow up later.#币安Alpha上新 #美国加征关税