Overall Analysis of Bitcoin K-Line at Four-Hour Level

Recent price trends show characteristics of a fluctuating upward trend, with the current price fluctuating around 96400. Overall market sentiment is leaning towards positivity, although the clarity of recognition is not strong, there are signs of a robust upward movement. In the short term, there is some upward momentum in the price, especially influenced by the expansion of the Bollinger Bands and the emergence of short-term buying power, such as the bullish three soldiers pattern, which may continue to challenge resistance. However, attention should be paid to multiple TD sell signals and the warning signal of TD9, which may indicate a market reversal or a slowdown in the trend.

Suggestion: Short-term investors may choose to enter near short-term support levels, but should be cautious of the resistance level at 97800. If the price fails to break through this resistance and shows signs of weakening upward momentum, it is advisable to consider taking profits or stopping losses. For investors with a high-risk tolerance, it is essential to continuously assess the TD indicators for signs of trend reversal and set appropriate protective measures to guard against potential market pullback pressure. Long-term investors should remain cautious and observe the current market uncertainties.

Technical Analysis K-Line Pattern: Fluctuating upward trend, recent appearances of bullish engulfing and bullish three soldiers indicate strong short-term buying power; however, the doji may suggest a slowdown or reversal in the trend.

TD: A high point has appeared with the TD9 mark, indicating a potential reversal or end of the trend, and caution is advised for sell signals.

BOLL: The Bollinger Bands are expanding, with a strong upward movement after breaking through the middle band, indicating market optimism but increased volatility, requiring attention to subsequent performance.

5.7 Bitcoin Buy and Sell Points

The Bitcoin buying point can continue the strategy from yesterday, and the long position strategy provided yesterday is perfectly aligned.

Sell Point: 96500 - 97500 (reaching recent local highs, facing potential selling pressure.) Short Sell Stop Loss Point: 98000 (breaking through recent highs and possibly confirming further upward trend.)

Overall Analysis of Ethereum K-Line at Four-Hour Level

Recent prices are around 1825, with the market in a fluctuating trend, oscillating between 1740 and 1850. Although there are signs of a rebound in the recent market, it faces strong resistance at 1850 above. The narrowing of the Bollinger Bands indicates a temporary reduction in market volatility. In the short term, the market may be in a consolidation phase, with prices likely to continue fluctuating within the range, lacking clear breakout signals.

Suggestion: At this stage, observe the breakthrough of key market points, especially focusing on whether it can effectively break through the resistance level of 1850 and the support level of 1740. If the price breaks through 1850.59 and forms new support, a moderate bullish stance may be considered; if the price falls below 1740, further downward risks should be heeded. Until a clear direction emerges, it is advisable to remain on the sidelines or adopt a range trading strategy.

Technical Analysis K-Line Pattern: Recent appearances of doji, bearish three soldiers, and bullish engulfing patterns indicate unclear market direction, focusing on price fluctuations within a stable range.

TD: The frequent appearance of TD sequence "9" suggests potential reversal points, especially showing strong pressure near the resistance level of 1850.

BOLL: The overall narrowing of the Bollinger Bands indicates reduced market volatility, with K-lines consolidating near the middle band, requiring observation of breakouts above and below the bands to determine the next trend.

5.7 Ethereum Buy and Sell Points

The strategy from yesterday can continue, and yesterday's Ethereum long position strategy is also perfectly aligned, currently approaching the position to provide a short position strategy.

【The above analysis and strategies are for reference only. Risks are to be borne by the reader. The article's review and publication may have delays, and strategies may lack timeliness. Specific operations should follow the real-time strategies of Bitcoin Bear.】

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