Wave Riding in the Currency Sea: 5.9 Bitcoin (BTC) Market Analysis Reference:

Bitcoin's intraday market maintains a narrow range of fluctuations. The short-term 4-hour level is currently in a consolidation phase after a rise, with prices fluctuating below the middle band of the Bollinger Bands, which are gradually moving downwards, indicating clear pressure on the market; the MACD bearish volume bars continue to shorten but have not formed a golden cross, and the downward momentum has not been fully released. The KDJ and RSI are operating in the neutral zone, with moving averages showing no clear trend. There is strong support around 79000 below, and overall waiting for a directional breakthrough. At the 1-hour level, prices are fluctuating slightly above the middle band of the Bollinger Bands, which are narrowing. Although the MACD indicator's fast and slow lines are above the zero axis, the bullish volume bars are gradually diminishing. The KDJ is turning downwards, and the RSI has retreated from a high position. The short-term moving averages are leveling off, and there is a high probability of maintaining narrow fluctuations. One must be wary of small-level pullback risks before direction choosing.
Wave Riding in the Currency Sea: 5.9 Bitcoin Short-term Reference:
Long position: Long between 78500-79500, stop loss 500 points, target 80000-81000,
Short position: Short between 82000-81000, stop loss 500 points, target 80500-79500,
Wave Riding in the Currency Sea: 5.8 Ethereum (ETH) Market Analysis Reference:

Ethereum is experiencing narrow fluctuations near the middle band of the Bollinger Bands at the 4-hour level, with downward-opening Bollinger Bands. The MACD indicator's fast and slow lines are about to form a golden cross below the zero axis, with bearish volume bars continuously diminishing and turning positive. The KDJ indicator is turning upwards in the neutral zone, and the RSI is maintaining around 50. The moving average system is cohesive, with a balanced short-term bullish and bearish force, and strong support is present near 2262; at the 1-hour level, prices are fluctuating slightly below the upper band of the Bollinger Bands, with the bands narrowing. The MACD indicator shows signs of forming a death cross between the DIF and DEA, with bearish volume bars gradually dwindling. The KDJ indicator is turning down, and the RSI has retreated from a high position, with prices encountering resistance around 2324 and approaching support below. Overall, it is in a repair phase after a decline, with all technical indicators weakening synchronously, and the rebound momentum is insufficient. The probability of continuing weak fluctuations in the short term is high. The operational suggestion is not to blindly chase long positions, to lightly test short positions at highs, and not to chase dips near support, with strict stop-loss and position control.
Wave Riding in the Currency Sea: 5.9 Ethereum Short-term Reference:
Short position: Short between 2370-2335, stop loss 30 points, target 2315-2275,
Long position: Long between 2240-2275, stop loss 30 points, target 2300-2340,
[The above analysis and strategies are for reference only. Please bear the risks yourself. Articles may be delayed in review and publication, and the strategy may lack timeliness. Please do not operate blindly.]

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