Morning reminder to pay attention to the resistance zone near 94400 above for short positions. The market has expectedly come under pressure and retreated, with a continuous series of bearish candles on the 1-hour chart breaking below the 93,000 level, reaching a low of 92200. The chart shows signs of stagnation at high levels, with bears breaking below the short-term uptrend line, and the retracement exceeding 1%, confirming the judgment of increasing selling pressure at high levels. Currently, the rebound strength of the price is weak, and the overall structure is still in a correction cycle.
The current technical formation leans towards a bearish dominance, with the MACD double lines crossing downwards and continuing to diverge downwards, while the green momentum bars gradually expand, indicating short-term bearish momentum has not yet exhausted. The price rebound is constrained by the resistance area of 93500-94000. If the rebound fails to stabilize in this range, it will be regarded as a second short opportunity. Attention should be paid to the key support zone of 92,000-91,800 below, as a break below this level may accelerate the test of the psychological level of 90,000. In terms of operations, maintain a high short position strategy on rebounds, with intraday pressure around 93,800, avoiding blind shorting and waiting for signals of a weak rebound to intervene accordingly.
BTC93000-93500 short, target down to 91000 ETH1800 short, target down to 1740
In the past 24 hours, Ethereum has shown a wide-ranging oscillation pattern. The price has fluctuated repeatedly within the range of 1744 to 1838, with intense long and short battles. Earlier, it briefly surged to around 1838 but failed to effectively break through the upper resistance, subsequently falling under pressure. Although there was a short-term rebound during the day, trading volume has gradually shrunk, indicating a lack of willingness to chase prices higher, and the overall trend shows characteristics of stagnation at high levels.
The current market is releasing short-term bearish signals. The MACD indicator's dual lines formed a death cross above the zero axis and have continued to diverge downwards, with the histogram turning green and expanding, suggesting that bearish momentum is gradually strengthening. The price has again fallen below the 1800 mark this morning, with hourly candlesticks consistently closing below the short-term moving averages, indicating weakening short-term support. If the subsequent rebound cannot stabilize around the pressure of 1796, there is a possibility of further probing the range of 1740-1760. It is recommended to primarily focus on short positions during rebounds and to pay attention to the strength of support in the key areas below; if there is a significant drop below, be cautious of accelerated correction risks.
BTC 94400 short, target looking down towards 92000 ETH 1820 short, target looking down towards 1760
Bitcoin has shown a typical pattern of sharp pullback followed by consolidation in its recent hourly movements. The price first experienced a rapid surge, with bullish momentum concentrated and driving the coin price swiftly away from the previous consolidation range. However, the upward momentum noticeably slowed down, and the price entered a high-level consolidation phase, attempting to push higher multiple times without success, forming a horizontal oscillation structure. During this process, trading volume gradually shrank, indicating insufficient market willingness to chase the highs, and a lack of new funds entering the market to support further breakthroughs in the short term.
Although the coin price temporarily maintains high-level oscillation, the technical indicators have shown signs of fatigue. From a structural perspective, the price has tested the upper resistance level multiple times and faced obstacles, forming a local double top pattern. If the key support level is lost, it may trigger profit-taking sell pressure. Furthermore, capital flow indicates a net outflow of major funds, and market sentiment is gradually turning cautious. Combined with the continuous divergence in the hourly MACD indicator, where the fast and slow lines are retreating towards the zero axis, short-term bearish momentum is accumulating. Caution is required for the risk of downward breakouts; if the lower edge of the consolidation range is broken, it may open up room for a pullback. It is recommended to remain on the sidelines or lightly short, with attention to the support strength in the 92500-93000 area.
Short BTC 94400, target looking towards around 92000 Short ETH 1820, target looking towards around 1770
Bitcoin has shown a strong one-sided rise, with prices nearing previous high resistance zones. As market sentiment gradually becomes overheated, there is a warning about short-term overbought risks in the evening, and it's advised to watch for high-level pullback opportunities. The market subsequently turned down as expected, and the short position strategy was effectively realized, with prices quickly retreating from the day's high, showing a noticeable decrease in short-term bullish momentum, entering a technical correction phase.
Currently, the market shows signals of continued pullback. The MACD indicator on the 1-hour level has formed a death cross, and the histogram continues to shrink below the zero axis, indicating a gradual strengthening of bearish momentum. After breaking key short-term support, the short-term moving average system has started to turn downwards, further confirming the pullback trend. If it cannot regain the 92500-93000 area during the day, it is likely to continue the oscillating downward rhythm, with support levels to watch at 91500 and 90000 integer points. In terms of operations, it is recommended to gradually position short after a rebound, being cautious of the risk of oversold rebounds, and to pay attention to changes in volume to confirm the depth of the pullback.
BTC short at 93000, target near 91500 ETH short at 1800, target near 1760
Bitcoin experienced a strong one-sided upward trend during the day, with the price continuously rising from the morning low, briefly breaking the previous high and approaching around 94400 in the afternoon. After multiple confirmations of support during the day, the market showed strong bullish sentiment. We also timely indicated the opportunity to go long in the afternoon, successfully capturing upward space with short-term long positions.
However, there are now clear reversal signals on the current chart. The 1-hour MACD indicator has formed a high-level death cross, with both lines continuing to diverge downward. Additionally, the price quickly retraced after reaching 94400, and a short-term top structure is gradually forming. In the evening, it is important to observe the resistance strength in the 94000-94400 area. If the rebound is weak, it may be an opportunity to set up short positions based on this resistance zone. For short-term support, focus on the 92500-91500 range; a breakdown may further open up space for a correction. It is advised to primarily focus on short positions on rebounds, with strict stop-loss measures to control risk.
BTC94000 short, target down to 92500 ETH1820 short, target down to 1760
After a brief pullback in the one-hour level movement of Bitcoin, it quickly stabilized and initiated a strong rebound. The price gradually climbed from the day's low and once broke through a key resistance area during the session, demonstrating significant bullish resilience. The market did not experience persistent selling pressure during the pullback, with strong willingness from funds to buy on dips. A temporary surge in volume pushed the price back above the key moving averages, and the short-term structure returned to a bullish pattern.
The current market shows that the bullish momentum has not yet faded. After breaking through the key resistance, the technical pattern presents a bullish structure with higher lows and highs. A short-term pullback confirms effective support, and the MACD indicator has formed a golden cross above the zero line, continuing to diverge, with the histogram steadily expanding, indicating that bulls still dominate. Additionally, the capital flow remains in a net inflow state, and open interest is rising in tandem, reflecting an enhanced market expectation for further increases. If the price can stabilize at the current level with moderate volume expansion, there is potential for further upward movement in the short term. The operation suggests focusing on buying on dips, while paying attention to the pressure test situation above.
btc93400 long, target looking at 95000 eth1770 long, target looking at 1850
Recently, Ethereum has shown a strong rebound in its 1-hour trend. The price quickly surged from a low range, breaking through several short-term resistance levels and forming a steep upward channel. At one point during the trading session, it approached the high near 1780, and then slightly pulled back. The overall volatility was significant, reflecting that market sentiment has significantly warmed after a period of previous sluggishness. This round of increase was accompanied by noticeable capital inflows, with open interest and trading volume rising in tandem, indicating that the bullish force is dominating in the short term. Although there was a brief pullback during the session, the price remained above the key support area, suggesting that the market still has some upward momentum after digesting profit-taking.
The current technical formation indicates that Ethereum has a need for a pullback to confirm support in the short term. After a rapid rise, some indicators have entered the overbought zone, and although the MACD maintains a golden cross, the narrowing histogram suggests that the upward momentum has weakened. In addition, the hourly chart has consecutively formed upper shadows at high levels, indicating that selling pressure above is gradually increasing, and the market needs to release short-term overheating pressure through a pullback. Key support can be observed near the previous breakout consolidation platform; if a pullback stabilizes, there is hope for a continuation of the upward trend; conversely, if the support area is broken, one should be cautious of a deep adjustment caused by the exhaustion of bullish momentum. It is recommended to wait for a pullback confirmation signal to avoid blindly chasing highs.
BTC 93300 short, target 92000 ETH 1760 short, target 1600
Bitcoin has experienced a strong one-sided rally on the 1-hour chart, with prices continuously rising based on short-term moving averages, showing no significant pullbacks during this period, presenting a typical short squeeze trend. The buying force in the market has been concentrated and released, quickly warming up market sentiment, pushing prices to break through key round numbers consecutively, forming a steep ascending channel. Observing the momentum indicators, bulls have an absolute dominance during the upward process, with active short-term turnover of chips, indicating strong trend continuity.
Currently, after reaching a new high, some technical indicators have entered the overbought zone, and the short-term accumulated profits need to be digested through a pullback. It is expected that the market will enter a consolidation phase, with attention on the support of the previously broken dense trading area below. If the pullback process sees a gentle contraction in volume and does not break key support levels, there is a possibility of building momentum for further upward movement; conversely, if there is a volume breakout below support, caution should be taken for a potential deepening of short-term adjustments. In terms of operations, one can wait for a pullback stabilization signal to avoid blindly chasing highs.
BTC 93300 short, target 92000 ETH 1760 short, target 1600
Today's market finally breaks above the 90,000 mark, but this area has always been an important psychological pressure point for the market. From the chart, although the price briefly broke through, the upper shadow is significant, indicating that the bulls have not been able to hold effectively, and the highs are gradually declining, showing that selling pressure is gradually increasing. The current price is fluctuating closely around the 90,000 mark, indicating a growing divergence between bulls and bears. If it cannot break through the previous high with volume, the risk of a short-term pullback will further accumulate.
In terms of technical patterns, signs of a top divergence have appeared at the 1-hour level, with the MACD fast and slow lines narrowing above the zero line, and the red momentum bars continuously shortening, suggesting that the upward momentum is waning. In addition, the K-line has consecutively formed long upper shadows, repeatedly testing 91,000 before retreating, indicating that the bears are starting to exert force in the key resistance zone. Combined with the time cycle, liquidity usually weakens during the midnight period, making the market susceptible to short-term selling pressure. If the price breaks below the 90,000 support, it may accelerate the decline towards the lower 88,000 area. In terms of operations, it is advised to be cautious of false breakout risks, primarily reducing positions on rallies in the short term while waiting for clearer trend signals.
BTC 91,500 short, target down to 89,000 ETH 1,720 short, target down to 1,620
After a recent rebound, the price has entered a high-level consolidation phase. The current market shows that Bitcoin failed to maintain a strong upward trend after breaking through key resistance, instead engaging in fluctuations around previous highs. The hourly K-line has tested the upper pressure zone multiple times but failed to form an effective breakthrough, intensifying the short-term tug of war between bulls and bears. Volume shows signs of moderate contraction, indicating a cooling of market enthusiasm for chasing prices, with some funds choosing to stay on the sidelines. This high-level consolidation pattern usually indicates that a directional decision is approaching, and one should be cautious of reversal signals.
From a technical structure perspective, the pressure formed by the dense trading area above remains significant, and repeated attempts to rise have shown that bullish momentum is gradually weakening. Although the MACD indicator is still in the bullish zone, the slopes of the fast and slow lines are flattening, and the histogram volume is decreasing, suggesting insufficient sustainability for short-term price increases. If the price cannot stabilize above the previous high, one should guard against the risk of a pullback. It is not advisable to blindly chase highs; instead, one can wait for support retests or effective breakthroughs before following. Short-term support should be focused around recent lows, and a break below may open up room for a correction. Current market sentiment is sensitive, so it is recommended to control positions and ensure risk management.
BTC 88800-89000 short, target down to 87000 ETH 1650 short, target down to 1600
After the early session price stabilized around the low of 87000, we decisively suggested a long position, targeting the 88000 level. As market sentiment warmed, the price steadily climbed and successfully reached the target, with short-term long positions perfectly realizing profits!
The current chart shows that after the price hit the high of 88850, it faced significant pressure and retreated, with the hourly line forming a long upper shadow, indicating concentrated selling pressure above. Although the MACD dual lines are still above the zero axis, the histogram has turned green and continues to shrink, indicating that bullish momentum is gradually weakening. In the afternoon, it is important to focus on the pressure in the 88000-88800 region. If the price fails to break through on a pullback, one can consider entering a short position relying on that resistance area, with short-term support referenced in the 87000-86500 range. Recently, market volatility has increased, so it is advised to maintain a light position and pay attention to risk control!
BTC88500 short, target down to 87000 ETH1595 short, target down to 1540
Yesterday, the Ethereum 1-hour level showed significant volatility, with the price experiencing a strong counterattack from bears after a brief rise. During the session, there was a quick surge that tested the upper resistance but failed to break through effectively. Subsequently, selling pressure surged, and the price quickly retreated, falling below the key support area. Both bulls and bears engaged in intense competition within a short period, resulting in a noticeable roller-coaster-like fluctuation, and market sentiment turned cautious again.
Despite the significant short-term pullback, the lower support area demonstrated strong resilience, with multiple tests not resulting in an effective breakdown, indicating a gradual increase in the willingness to buy at lower levels. The current structure is still at the lower bound of the consolidation range, and the MACD indicator has begun to show divergence signals, with bearish momentum diminishing. In terms of operations, one can gradually establish long positions relying on the key support area, paying attention to rebound opportunities after the price stabilizes, with stop-loss set below recent lows. The market may maintain a volatile pattern in the short term, avoiding chasing highs and selling lows, and patiently waiting for opportunities to buy at lower levels.
Long near BTC 86800, with a target of 88800. Long near ETH 1560, with a target of 1610.
The current market presents a high-level oscillation pattern, with prices repeatedly testing near recent highs and failing to form an effective breakthrough in the short term. From a technical perspective, the hourly MA moving average system maintains a bullish arrangement, but the MACD histogram shows a slight decrease in volume, indicating that short-term momentum has weakened and there is certain pullback pressure. However, prices remain firmly above key support areas, with both bulls and bears engaged in a tug-of-war at high levels, and market sentiment tends to be cautious, necessitating attention to the breakout direction of the oscillation range.
The medium-term trend continues to maintain a bullish outlook. Although there is short-term pressure, the capital flow shows a continuous increase in net inflow, indicating that main funds are still positioning for lows. If prices can stabilize above the current support with increased volume, there is hope for another challenge to previous highs. In terms of operations, it is advisable to gradually enter during pullbacks, paying attention to the defensive strength in the dense area of the moving averages below, and to increase positions after a breakthrough above. The overall structure does not show reversal signals, and the probability of continued upward movement after oscillation accumulation is quite large.
Long near BTC 86800, target looking at 88800 Long near ETH 1560, target looking at 1610
Today, Bitcoin has made two strong upward movements on the hourly chart. After breaking through key resistance for the first time in the morning, it quickly surged, and in the afternoon, it pushed up again, refreshing the intraday high. We have continuously suggested a low-long strategy throughout the day, gradually entering long positions in the pullback support area, accurately capturing the two rounds of upward movement. The market shows a stepped breakout with increasing volume, and short-term bullish sentiment is dominant, allowing followers to smoothly realize profits.
The current price is approaching a dense pressure zone above, and short-term caution is advised for technical pullbacks. Although the trend has not yet turned bearish, the volume has decreased after consecutive surges, and the MACD momentum bars show signs of contraction, indicating a potential top divergence risk on the hourly level. If the price cannot stabilize above the previous high, it may retest the support area below for confirmation. In terms of operations, it is advisable to avoid blindly chasing gains and patiently wait for low-buying opportunities after a pullback, while short-term long positions can be appropriately reduced to protect profits. After key support stabilizes, the mid-term view remains slightly bullish with a fluctuation approach.
BTC 88200 short, target down to 86800 ETH 1640 short, target down to 1580
In the morning, Bitcoin continued its bullish momentum, with prices rapidly rising and breaking through key resistance levels, briefly reaching high territory. However, market sentiment slightly cooled down, and prices gently retreated from the highs, entering a technical correction phase. Currently, the market presents a high-level consolidation pattern, with short-term bulls and bears battling near key support areas, and the overall correction magnitude is manageable, not yet damaging the short-term upward trend structure.
From a technical perspective, this round of correction falls within the normal range of adjustments. After a rapid surge in prices, short-term positions need to be reallocated to digest profit-taking pressure. If the key support area below can stabilize, there is still potential for a rebound. The MACD indicator's dual lines maintain a bullish arrangement; although the histogram has slightly contracted, the overall trend has not weakened, and the volume during the pullback has not significantly increased, indicating limited market selling pressure. If prices can hold the support after a pullback, there is potential for a strong push to break previous highs and continue the oscillating upward momentum. In terms of operations, attention can be given to low-buying opportunities during the pullback, with the defensive position set at the lower edge of the recent consolidation platform. If there is a significant volume drop below this level, caution should be exercised regarding the risk of a deeper short-term adjustment.
In the morning, multiple reminders to pay attention to the key support area below and layout for low longs. The market rapidly surged after a pullback as expected, rejecting hindsight! The current trend validates the rebound logic on the technical front. After touching the short-term moving average support, the MACD indicator formed a second golden cross above the zero line, combined with continuous capital inflow, the bullish momentum is gradually being released. The price directly broke through key resistance and set a new high during the session, showing significant effectiveness of the trend-following strategy.
Currently, after a rapid rise in price, there is a technical need for a pullback, and the short-term may test the 87000-86500 support area. If the volume moderately shrinks during the pullback and does not break below the key moving averages, it will be regarded as a bullish accumulation signal. The buying funds below are still dominant, and the MACD fast and slow lines maintain upward divergence. After the pullback, it is highly likely to initiate a second surge, targeting the previous high area. In terms of operations, it is recommended to patiently wait for a pullback stabilization signal, continue with the low long strategy as the main approach, and avoid blindly chasing the rise.
BTC long at 86800, watch above for 88000 ETH long at 1625, watch above for 1688
The current ETH 1-hour trend shows significant volatility, with the market quickly pulling back after a brief dip and then forming a solid bullish candlestick. The price rebounded strongly from the intraday low near $1564 and broke through the $1600 psychological barrier. This rally was accompanied by a moderate increase in trading volume, indicating a stronger willingness of buyers to enter the market. Despite a slight pullback during the session, the price remained firmly above key support levels, with short-term market sentiment shifting from bearish to bullish, and a preliminary 'V-shaped reversal' signal forming in the technical pattern.
From a technical perspective, the short-term trend of ETH has gradually stabilized, with bullish momentum building up. On one hand, the bullish candlestick effectively broke through the upper boundary of the recent consolidation range, and the price did not fall below the previous high support during the pullback, indicating limited selling pressure and a clear intention of major funds to support the market. On the other hand, although the MACD indicator is still below the zero line, the green bars are beginning to shrink, and convergence of the fast and slow lines is starting to appear. If a golden cross forms subsequently, it will further confirm the rebound trend. Additionally, the hourly candlestick has consistently closed above the MA5 moving average, and the short-term moving average system is gradually flattening and tilting upward, providing tiered support for the price.
Considering market sentiment, Ethereum has recently tested the lower support multiple times but has been quickly pulled back each time, indicating a clear exhaustion of bearish forces, with funds frequently buying on dips. If the price can stabilize above $1620, it is expected to open up further upward potential, with targets looking towards the $1650-$1680 resistance zone. In terms of strategy, it is recommended to primarily look for long positions on pullbacks, paying attention to the strength of support in the $1600-$1610 area. If there is a volume breakout above the previous high, one could increase positions accordingly.
BTC long near $84500, watch for $87800 above ETH long near $1600, watch for $1650 above
Currently, the hourly Bitcoin trend is showing a high-level oscillation pattern, with prices fluctuating repeatedly between 84000 and 85500, gradually forming a short-term consolidation center. The market is experiencing intense bullish and bearish competition, with trading volume remaining stable, indicating significant divergence in this area. The price has quickly rebounded multiple times after testing the lower boundary of the range, but the resistance above is also evident, and there has not been an effective breakthrough in the short term. This oscillation structure usually indicates a consolidation phase, and as time goes on, the market may choose a direction.
From a technical perspective, although short-term prices are stuck, the overall structure still leans towards bullish. The MACD indicator is near the zero line, but the histogram has been gradually narrowing, suggesting a weakening of bearish momentum; additionally, the price has repeatedly stabilized at key support levels, indicating strong buying power below. If accompanied by a moderate increase in volume, breaking through the upper pressure zone of 85500-86000 could open up a new round of upward movement. In the short term, it is recommended to pay attention to breakout signals, and if it stabilizes above the previous high, follow the trend.
Long near BTC84500, focus on the upper level of 87800 Long near ETH1566, focus on the upper level of 1620
The hourly trend of Bitcoin shows a pattern of high-level fluctuation, with the price failing to form an effective breakthrough after multiple tests of the upper resistance, maintaining overall volatility below recent highs. Although there are occasional rebounds during the day, the market lacks sustained upward momentum, with both bulls and bears engaged in a tug-of-war in the high-level area. The current price repeatedly consolidates around key integer levels, with short-term volatility narrowing, reflecting that the market has entered a phase of adjustment after continuous upward movements, and market sentiment is becoming cautious.
From a technical perspective, Bitcoin is showing signs of stagnation in the short term. After several unsuccessful attempts to breach previous highs, a local top structure is gradually forming. The MACD momentum indicator remains positive, but the distance between the fast and slow lines is narrowing, and the histogram shows a decreasing volume trend, suggesting that upward momentum is gradually weakening. Additionally, the hourly candlestick has repeatedly formed long upper shadows, indicating that selling pressure from above is gradually increasing, leading to an accumulation of short-term pullback demand. If the price continues to be under pressure at the upper edge of the fluctuation range, it may further test the support area downward. It is recommended to adopt a short-term bearish approach, paying attention to the defense of key support levels; if broken, it may open up space for a pullback, and caution should be exercised regarding the risk of a high-level retracement.
Short near BTC 84800, watch below 83000 Short near ETH 1600, watch below 1530$
Recently, the price of Bitcoin has shown a fluctuating consolidation pattern on the hourly level. The market's bulls and bears are engaged in a tug-of-war around key price levels, with the price slightly retracing after reaching a short-term high, but overall it remains above important support areas. From the market observation, the price has received buying support multiple times during dips, indicating strong support below. Additionally, the influx of market funds continues to increase, reflecting a gradual warming of investor sentiment, providing a foundation for price stabilization. Although there were brief fluctuations during the session, the extent of the retracement was limited, and the bears failed to form effective suppression, suggesting that the current market's dominant force still leans towards the bulls.
From a technical perspective, the short-term adjustment of Bitcoin is nearing its end, and it is expected to continue its upward trend. After repeatedly testing the key support area, the price has stabilized, gradually forming a bullish structure of “higher lows.” If it breaks through the upper edge of the recent consolidation range, it will open up further rebound space. Although the MACD indicator is in a corrective state, the bearish momentum continues to weaken, and after the fast and slow lines converge, a golden cross is expected to form, providing technical support for the rebound. Furthermore, the influx of funds and open interest remain at high levels, indicating that the main capital has a strong confidence in the future market, with clear signs of bottom-fishing. Overall, the market is well-prepared for short-term consolidation, and if it holds the support level, Bitcoin may start a new round of fluctuating upward rhythm. It is recommended to pay attention to bullish opportunities after a breakout.
Long near BTC 83800, target 85800 Long near ETH 1580, target 1640