Market Trend Analysis Bitcoin (BTC) Technical Analysis

Weekly Level: Last week surged and then fell back, closing with a long upper shadow bearish candle. This week, the opening price fell below the 7-day moving average for the first time in two and a half months, indicating short-term adjustment pressure.

Macroeconomic Factors: Recently, U.S. Treasury maturities theoretically benefit non-U.S. assets, but due to geopolitical conflicts, some funds may flow into the U.S. dollar or gold, weakening market optimism.

Daily Level: Influenced by geopolitical situations, the price quickly dropped to around $10,300, entering a phase of adjustment. Recently, after multiple tests of the $10,600 resistance, it fell back to $10,400, indicating strong resistance above.

Key Levels:

Resistance Range: $10,650 - $10,750 (difficult to break through)

Support Range: $10,450 - $10,350 (if broken, may further retrace)

Short-Term Trend: The 4-hour level showed a slight rebound in the morning, but with insufficient volume, upward space is limited. The market has a strong fear of heights, lacking new funds to drive prices, making sustained upward trends difficult in the short term.

Ethereum (ETH) Technical Analysis

Weekly Level: Last week surged and then fell back, closing with a long upper shadow small bullish candle, still firmly supported by moving averages, overall trend remains intact, but the market environment restricts upward momentum.

Daily Level: Four consecutive days of bearish closes, but the $2,480 - $2,500 range support remains effective, stabilizing in the short term. Trading volume has shrunk, and market sentiment is cautious.

4-Hour Level: After a double bottom in the morning, there was a slight rebound, but momentum is insufficient, and the rebound space is expected to be limited.

Key Levels:

Resistance Range: $2,600 - $2,630 (requires volume to support a breakthrough)

Support Range: $2,500 - $2,530 (if broken, may test lower support)

Operational Strategy

BTC: Maintain a range-bound adjustment approach in the short term, focusing on the $10,450 - $10,750 range, with a breakthrough of previous highs needing new funds to drive it.

ETH: If the $2,500 support holds, observe the strength of the rebound, but remain cautious of overall market sentiment. #加密市场反弹