Bitcoin(BTC): Current price approximately $89,500, within a narrow range of $87,200-$89,900 intraday, up about 0.8% in 24 hours, trading volume relatively low.
Ethereum(ETH): Current price approximately $3,040, oscillating between $2,950-$3,065 intraday, up about 1.2% in 24 hours.
Technical Analysis Key Judgments Bitcoin(BTC) Daily Chart: Three consecutive long upper shadows, strong resistance at $90,000; MACD death cross, 7-day and 30-day moving averages about to cross down, increasing bearish signals. 4-hour: Double top pattern (88919/88890), losing EMA120 support, MACD death cross, short-term oscillation weak. Key levels: Support at $87,000-$87,500, strong support at $86,000-$86,500; resistance at $88,800-$89,300, strong resistance at $90,000 round number.
Ethereum(ETH) Daily Chart: Under pressure at the 20/50-day moving averages, Bollinger Bands narrowing, significant oscillation characteristics. 4-hour: Bollinger Band middle support, MACD green bars shrinking, bullish momentum weak, KDJ neutral leaning bullish but no clear direction. Key levels: Support at $2,950-$2,970, strong support at $2,900; resistance at $3,000-$3,030, strong resistance at $3,060-$3,080.
Evening Trading Recommendations Bitcoin: Range trading—buy low at the bottom, sell high at the top. If encountering resistance at $89,500-$90,000, consider light short positions with stop-loss at $90,500, target $87,500-$87,000; if stabilizing at $87,000-$87,200, consider light long positions with stop-loss at $86,500, target $88,200-$88,500. Ethereum: Short at resistance $3,050-$3,070 with stop-loss at $3,090, target $2,960-$2,950; if stabilizing at $2,950-$2,970, consider long with stop-loss at $2,920, target $3,050-$3,090. Risk Control Points: Current liquidity is low, volatility can be amplified. Be sure to trade lightly, set stop-losses, and avoid chasing orders.
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Bitcoin(BTC): Current price approximately $89,500, within a narrow range of $87,200-$89,900 intraday, up about 0.8% in 24 hours, trading volume relatively low.
Ethereum(ETH): Current price approximately $3,040, oscillating between $2,950-$3,065 intraday, up about 1.2% in 24 hours.
Technical Analysis Key Judgments
Bitcoin(BTC) Daily Chart: Three consecutive long upper shadows, strong resistance at $90,000; MACD death cross, 7-day and 30-day moving averages about to cross down, increasing bearish signals.
4-hour: Double top pattern (88919/88890), losing EMA120 support, MACD death cross, short-term oscillation weak.
Key levels: Support at $87,000-$87,500, strong support at $86,000-$86,500; resistance at $88,800-$89,300, strong resistance at $90,000 round number.
Ethereum(ETH) Daily Chart: Under pressure at the 20/50-day moving averages, Bollinger Bands narrowing, significant oscillation characteristics.
4-hour: Bollinger Band middle support, MACD green bars shrinking, bullish momentum weak, KDJ neutral leaning bullish but no clear direction.
Key levels: Support at $2,950-$2,970, strong support at $2,900; resistance at $3,000-$3,030, strong resistance at $3,060-$3,080.
Evening Trading Recommendations
Bitcoin: Range trading—buy low at the bottom, sell high at the top. If encountering resistance at $89,500-$90,000, consider light short positions with stop-loss at $90,500, target $87,500-$87,000; if stabilizing at $87,000-$87,200, consider light long positions with stop-loss at $86,500, target $88,200-$88,500.
Ethereum: Short at resistance $3,050-$3,070 with stop-loss at $3,090, target $2,960-$2,950; if stabilizing at $2,950-$2,970, consider long with stop-loss at $2,920, target $3,050-$3,090.
Risk Control Points: Current liquidity is low, volatility can be amplified. Be sure to trade lightly, set stop-losses, and avoid chasing orders.