Bitcoin continues to experience slight fluctuations within the day. After reaching the mid-band of the 12-hour BOLL band with an upward spike, it began to face pressure and retrace. Currently, the daily MA5 and 10-day moving averages are once again pressing down on the price, leading to a bearish arrangement of the K bars. From an indicator perspective, both MACD and KDJ are showing a bearish resonance downward trend. Coupled with low trading volume, the market is leaning towards a downward resonance. If the bears increase their volume and break below the short-term support at 103,000, the upward pattern on the weekly chart will be disrupted. It is also only a matter of time before it breaks below the 100,000 mark. Looking at the 12-hour chart, the overall trend of the BOLL band is starting to move downward, and the MA30-day moving average shows signs of turning down. The current upper resistance reference is in the range of 105,800-106,800. If the price cannot effectively break through any upper resistance in the short term, it should be viewed with caution.
After the 4-hour close in the early morning, the price is running near the lower band of the BOLL band. The MA5 and 10-day moving averages are resonating downwards on the price. In the MACD indicator, the DIF line and DEA line are consistently hovering below the zero axis. Even if the red bars show a brief increase, if the volume does not follow, the price is very likely to return to a downward channel. Judging from the hourly chart, the current high points are continuously declining, and the market is leaning towards a fluctuating downward trend. Therefore, from early morning to the morning, my short-term personal view remains focused on a rebound with caution.
Trading strategy: Range 104,700-105,400; Target: 103,500-102,500; Stop loss: 105,800.
Ethereum's overall trend is basically in sync with Bitcoin. The price has broken below the mid-band of the BOLL band and the MA30-day moving average support on the 12-hour chart, and the short-term slight rebound trend is coming to an end, with the market following Bitcoin leaning towards a fluctuating downward trend. Therefore, from early morning to the morning, my short-term personal view remains focused on a rebound with caution.
Trading strategy: Range 2,595-2,625; Target: 2,540-2,480; Stop loss: 2,640.
For the short-term trend, this should be sufficient, and I will continue to follow up with tomorrow's daily update.
This personal view is for reference only; there may be delays in article review and push notifications. The market changes rapidly, so specific entry and exit points should be guided in real-time. Please be cautious when entering the market. Analysis is not easy; feel free to like and follow the public account for surprises!
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。