#BTC走势分析 The price comparison surged sharply in the early morning, reaching a high of 109730 before a slight pullback. During this time, multiple attempts to break upward were unsuccessful, and it is currently oscillating around the 108600 level. The altcoin initially spiked to 2618 in the morning, then quickly fell back to oscillate around 2580.
From the 4-hour candlestick chart, a divergence between volume and price is evident, while the Relative Strength Index (RSI) has surged to the overbought zone of 89, and the upward momentum of the MACD indicator continues to weaken. These signals all indicate that the bullish momentum for further upward movement is insufficient. Currently, the market is generally in a consolidation phase after a rise, and the morning strategy focuses on a rebound followed by a short position.
Suggestion
Bitcoin short in the 109000—109500 range, target 107500
Eth short near 2600, target first look at 2500
