Dear cryptocurrency friends, good afternoon! Here is a brief analysis of the Bitcoin and Ethereum market.
Bitcoin had a small fluctuation at night, with a sideways movement at the 4-hour level, while the smaller time frames show a wave-like trend. Pay special attention to the key level of 109415. From the hourly level, if the price does not break below this level, the bulls are in control, and there is a possibility of an upward movement, with resistance levels at 110650, 111330, and 111960 nearby; if it breaks below, the market may correct, with support levels to watch at 108270, 106800, and 105260 nearby.
Ethereum spiked to the third resistance level before correcting, with today's key level at 2775. At the hourly level, if the price does not break below 2775, the bullish momentum continues, and there may be an upward movement, with resistance levels at 2834, 2861, and 2890 nearby; if it breaks below, the market may correct, with support levels to focus on at 2730, 2688, and 2655 nearby.
The market is volatile, and the above analysis is for reference only. Investors should consider their own risk tolerance, manage their positions reasonably, set stop-losses and take-profits strictly, and make cautious decisions. #看懂K线 #山寨币ETF展望 #山寨币ETF展望 #美国CLARITY法案 #以太坊生态回暖