As a veteran in the crypto space for ten years, today I'll analyze the current market logic using the #BTC and #ETH four-hour K-line charts, guiding the confused brothers towards a clear path!
One, Bitcoin (BTC): Fluctuation game in the rising channel🎯
Looking at the BTC four-hour chart, it is currently operating within a rising wedge structure. The price fluctuates between 116,000 - 118,000, and the moving average system shows a bullish arrangement but with a flattening slope, indicating that short-term upward momentum is somewhat converging.
Support and Resistance: The lower support at 116,000 has been tested multiple times recently and is also the lower edge of the rising channel. If maintained, the bullish structure remains intact; the upper resistance looks at the 118,000 - 122,000 range, and a breakthrough of the previous high is necessary to open up new upward space.
Market Dynamics: Macroeconomically, the Federal Reserve's interest rate hike expectations are fluctuating, U.S. stock market volatility is transmitted, and the cryptocurrency market is dominated by cautious sentiment; however, expectations for Bitcoin ETFs and adjustments to institutional holdings are still long-term narratives that support the mid-term market.
Two, Ethereum (ETH): Pullback and consolidation, building the ecological narrative🌐
On the ETH side, the four-hour chart shows a retreat after a peak of 4,789, currently fluctuating in the 4,400 - 4,800 range (in conjunction with previous analysis). Ongoing ecological developments such as Cancun upgrades and L2 expansion continue to advance; the technical pullback is to digest short-term profits, and as long as the key support at 4,188 holds, the mid-to-long-term upward logic remains.
Three, Operation and Mindset: Don't panic! Fluctuations are opportunities to get in🪙
Short-term players: Trade BTC in the 116,000 - 118,000 range for high selling and low buying, and operate ETH around 4,400 - 4,800, strictly set stop-losses (withdraw if BTC breaks 115,000, ETH breaks 4,188), and seize the volatility bonus.
Medium-term holders: Whether BTC or ETH, the core logic is ecology and long-term value. For those with light positions, gradually add to your holdings at key support levels (BTC 115,000, ETH 4,188), and patiently wait for a breakout.
BTC Four-Hour Analysis ETH Four-Hour Analysis
To the brothers who are confused and at a loss: Follow me, and I'll help you break through!💡
In the cryptocurrency world for ten years, I've seen too many cases of chasing highs and killing lows, being led by the market. If you've recently lost a lot and don't know what to do, quickly follow me! I will continuously update daily market analysis and operation strategies, guiding everyone to catch the main line and avoid risks. Feel free to communicate in the comments; let's go from 'being cut' to 'eating meat' and make back the losses!