Intraday Bitcoin continues to fluctuate slightly. In the evening, it reached the middle track of the 12-hour BOLL band after a spike upwards, then began to fall under pressure. Currently, the daily MA5 and 10-day moving averages have once again declined, suppressing the coin price, which has also caused the K-bar to show a bearish arrangement. From an indicator perspective, MACD and KDJ are showing a downward resonance bearish trend. Coupled with low trading volume, the market tends to resonate and decline. If the bears break through the short-term support level of 103000, the weekly upward pattern will be damaged. It is only a matter of time before it falls below the 100000 mark. Looking at the 12-hour line, the overall trend of the BOLL band is starting to run downwards, with signs of a downward turning MA30-day moving average. The reference for the upper high point resistance is at the 105800-106800 level. The short-term coin price rebound cannot effectively break through any resistance above, so just maintain a high cautious outlook.
After the 4-hour line closed in the early morning, the coin price ran near the lower track of the BOLL band. The MA5 and 10-day moving averages are jointly pressing down on the coin price. In the MACD indicator, the DIF line and DEA line are always hovering below the zero axis. Even if the red bars briefly increase, if the trading volume cannot follow up, the price is very likely to return to the downward channel. Judging from the hourly line, the current high point keeps moving down, and the market tends towards a fluctuating downward trend. Therefore, from early morning to the morning, my short-term personal view maintains a rebound with a high cautious approach.
Operation idea: 104700-105400 range; Target: 103500-102500; Stop loss: 105800.
Ethereum's overall trend is currently basically in sync with Bitcoin. The price has broken below the middle track of the BOLL band and the MA30-day moving average support in the 12-hour line, and the short-term slight rebound trend is coming to an end, following Bitcoin and trending towards a fluctuating decline. Therefore, from early morning to the morning, my short-term personal view maintains a rebound with a high cautious approach.
Operation idea: 2595-2625 range; Target: 2540-2480; Stop loss: 2640.
For the short-term trend, it is expected to be sufficient; the daily update tomorrow will continue to follow up.#美国加征关税 #币安Alpha上新