6.4 Cryptocurrency Mr. Coin: Bitcoin (BTC) Market Analysis Reference

After failing to break through the resistance level of 107000 in the evening, Bitcoin's price corrected and entered a high-level consolidation phase. By midnight, it bounced back around 105500, and the current price is running near the 105800 level. Both bulls and bears are locked in a struggle, pushing the price up by over a thousand points. It is expected that the volatility will continue for a period of time.

Looking at the short-term hourly chart, the Bollinger Bands are opening upwards, with the price moving in the upper-middle band area. There was a slight upward breakout above 106000, but overall the trend has returned to the range without clear breakout signs. The 4-hour chart shows a long upper shadow line, with noticeable selling pressure around 106770. The daily chart has recorded three consecutive days with lower shadow candles, forming a temporary bottom near 103000. MACD: The fast and slow lines on the 4-hour chart have crossed above the zero axis, but the histogram is shrinking; the daily chart shows a continuous weakening after the high-level death cross. The 14-period RSI on the 4-hour chart hovers around 50, while the hourly chart shows a range of 52-60. The price oscillates between the 4-hour EMA7 (105728) and EMA30 (105540), with EMA120 (105284) providing short-term support. Overall, although the cryptocurrency price has seen some upward movement, it remains in a wide range of oscillation without stabilizing above the daily Bollinger midline of 106500. Therefore, it is still in a weak phase, and subsequent operations should avoid blindly chasing highs and lows; a short-term strategy of high short and low long is recommended.

6.4 Bitcoin Short-term Reference:

Lightly positioned short orders at 105800-107000, with a defense at 108800. Stop loss: 500, target below 104000.

Long orders at 103500-102500, stop loss 500, defense at 101500. Target above 104500.

6.4 Ethereum Short-term Reference:

Short orders: 2625-2685, defense at 2750. Stop loss: 50, target below 2580.

Long orders: 2505-2555, stop loss 30 points, target above 2600.

The article is sent with a delay; strategy suggestions are for reference only. The market changes rapidly, and no matter how confident you are in market judgments, always carry stop-loss and take-profit measures to ensure safety.