6/16 BTC ETH 4 Hour Market Analysis: Oscillation Seeking Direction, Key Levels Set Strategy
I. Market Interpretation In the BTC 4-hour chart, the price is oscillating in a narrow range within the Bollinger channel, with moving averages (EMA10/52/24) intertwined and low trading volume, with bulls and bears in a stalemate.
Currently around 105764, the upper Bollinger middle band is 105195, and the lower band is 104375; the breakout direction determines the short-term trend.
ETH is also oscillating within the Bollinger channel, with moving averages flattening and weak trading volume. The price is around 2574, with resistance at 2600 above and support at 2500 below, waiting for a breakout signal to determine whether to rise or fall.
II. Precise Entry Points BTC Strategy Long (breaking above the middle band) Entry: Breakout above 106000 with volume (Bollinger middle band + moving averages), close with a bullish candle on the 15-minute chart, volume increases by 30%+.
Stop Loss: 105200 (exit if it breaks below this level).
Take Profit: First target 107500 (take profit 50%), if broken, look for 109000 (take profit 30%), keep 20% for speculation at 110000.
Short (breaking below the lower band) Entry: Breakout below 104500 with volume (Bollinger lower band + support), close with a bearish candle on the hourly chart, volume increases. Stop Loss: 105500 (exit if it breaks above this level).
Take Profit: Look for 103000 - 102000 (take profit at support levels, if broken, look for 100000).
ETH Strategy Long (breaking above resistance) Entry: Stabilize above 2600, breakout above the Bollinger middle band with volume on the hourly chart. Stop Loss: 2550 (exit if it breaks below this level).
Take Profit: Look for 2650 - 2700 (take profit in the resistance area, if broken, look for 2750).
Short (breaking below support) Entry: Break below 2550, close with a bearish candle on the 15-minute chart, volume increases.
Stop Loss: 2580 (exit if it breaks above this level). Take Profit: Look for 2500 - 2450 (take profit at support levels, if broken, look for 2400).
III. Core Logic Currently, BTC and ETH are in a "converging oscillation period", closely monitoring key Bollinger levels (BTC 104375 - 106000, ETH 2500 - 2600), with light positions for trial and error, and strict stop losses.
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