🟢 Current situation
• Bitcoin (BTC) is trading around $119,104, with slight fluctuations after hitting the support zone of $116,700–$117,000 during the day.
• Ethereum (ETH) is at $3,846, up ~2.3% today, reaching an intraday peak near $3,848, with a drop to $3,711.
📈 Technical analysis – Trend for the next 24 hours
Bitcoin (BTC)
• Trend: Accumulation in an upward channel, strong support at $116–$117k, resistance near $120–$122k.
• Indicator:
• RSI is in the neutral zone.
• MACD shows no clear divergence → trend is not confirmed yet.
• 24h Forecast:
• Slight decrease predicted ~2.9% down to about $115,600.
Conclusion: Volatility may appear today, prioritizing short trades at the stated support/resistance levels.
Ethereum (ETH)
• Trend: Strong positive, breaking above long-term EMAs, strong technical signals.
• Indicator:
• Short-term RSI is very high (~98!), warning of short-term technical adjustment.
• EMA10/20/50/100/200 all provide strong support, MACD bullish.
• 24h Forecast:
• Forecast may adjust slightly ~0.2% or continue to bounce near $3,829–$3,840.
Conclusion: ETH has a stable bullish momentum, but there is a risk of a pullback in the short term today.
🎯 Strategy for the next 24 hours
• Maximum SL level <1% per position.
• Entry volume should be small to quickly adjust to market fluctuations.
🔍 Summary
• BTC: temporarily hesitant in the range of $116–$122k, short-term trend may decrease slightly, good setup to long at support levels.
• ETH: strong upward trend, but short-term may adjust due to high RSI. Wait for a slight pullback before continuing to long.
⚡ Directly: BTC should prioritize long at lower price areas, while ETH is at the right time to catch the pullback bottom and continue riding. Wishing you effective trading.