#Strategy加码BTC配置 $BTC and $ETH's latest movements show that Bitcoin is currently stuck around $89,500, repeatedly testing between $87,200 and $89,900. It has only gained less than 0.8% in a day, and trading volume is noticeably sluggish. Ethereum is a bit more active, hovering around $3,040, oscillating between $2,950 and $3,065, with a gain of about 1.2%.
From a technical analysis perspective, Bitcoin has seen long upper shadows on the daily chart for the past three days, indicating significant resistance at the $90,000 level. The MACD has already formed a death cross, and the short-term moving averages (7-day and 30-day ) are also about to cross, suggesting a buildup of somewhat oppressive signals. On the 4-hour chart, a double top pattern (88919/88890) has already formed, and the EMA120 moving average is unable to hold, with MACD following with a death cross, indicating a short-term weak and volatile situation. Key support levels are at 87,000-87,500, with stronger support at 86,000-86,500 below. Resistance above is at 88,800-89,300, with the 90,000 round number being a strong resistance.
Ethereum's daily chart also looks somewhat uncomfortable, being pressed down by the 20-day and 50-day moving averages. The Bollinger Bands are starting to contract, showing clear signs of consolidation. On the 4-hour chart, the middle Bollinger Band can still provide some support, with the MACD green bars shrinking, but bullish momentum appears somewhat weak. The KDJ indicator is neutral to slightly bullish but does not give a clear signal. Support levels are at 2,950-2,970, with strong support at 2,900; resistance is at 3,000-3,030, with strong resistance at 3,060-3,080.
Trading ideas: For Bitcoin, you can consider shorting lightly when encountering resistance at 89,500-90,000, with a stop-loss at 90,500, targeting 87,500-87,000; if it stabilizes around 87,000-87,200, then consider a small long position with a stop-loss at 86,500, aiming for 88,200-88,500. Ethereum follows a similar logic: if 3,050-3,070 faces resistance, consider a light short with a stop-loss at 3,090, targeting 2,960-2,950; if it stabilizes above 2,950-2,970, then go long with a stop-loss at 2,920, targeting 3,050-3,090.
Risk management is especially important now, as liquidity is limited, and volatility can be exaggerated. Always trade with small positions, set stop-losses, and avoid chasing orders—risk is not worth it.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
4
Repost
Share
Comment
0/400
GateUser-9ad11037
· 8h ago
This level of 90,000 is really a bit tough. It feels like BTC will either break through or need to retest 87.
View OriginalReply0
FlashLoanLord
· 8h ago
It's the same oscillation pattern again; 90,000 is really hard to hold back.
View OriginalReply0
New_Ser_Ngmi
· 8h ago
89500 is really stuck here, feels like it needs to break below to move.
View OriginalReply0
PessimisticLayer
· 9h ago
87000 can't be broken again, feels like this wave is just a rebound harvest
#Strategy加码BTC配置 $BTC and $ETH's latest movements show that Bitcoin is currently stuck around $89,500, repeatedly testing between $87,200 and $89,900. It has only gained less than 0.8% in a day, and trading volume is noticeably sluggish. Ethereum is a bit more active, hovering around $3,040, oscillating between $2,950 and $3,065, with a gain of about 1.2%.
From a technical analysis perspective, Bitcoin has seen long upper shadows on the daily chart for the past three days, indicating significant resistance at the $90,000 level. The MACD has already formed a death cross, and the short-term moving averages (7-day and 30-day ) are also about to cross, suggesting a buildup of somewhat oppressive signals. On the 4-hour chart, a double top pattern (88919/88890) has already formed, and the EMA120 moving average is unable to hold, with MACD following with a death cross, indicating a short-term weak and volatile situation. Key support levels are at 87,000-87,500, with stronger support at 86,000-86,500 below. Resistance above is at 88,800-89,300, with the 90,000 round number being a strong resistance.
Ethereum's daily chart also looks somewhat uncomfortable, being pressed down by the 20-day and 50-day moving averages. The Bollinger Bands are starting to contract, showing clear signs of consolidation. On the 4-hour chart, the middle Bollinger Band can still provide some support, with the MACD green bars shrinking, but bullish momentum appears somewhat weak. The KDJ indicator is neutral to slightly bullish but does not give a clear signal. Support levels are at 2,950-2,970, with strong support at 2,900; resistance is at 3,000-3,030, with strong resistance at 3,060-3,080.
Trading ideas: For Bitcoin, you can consider shorting lightly when encountering resistance at 89,500-90,000, with a stop-loss at 90,500, targeting 87,500-87,000; if it stabilizes around 87,000-87,200, then consider a small long position with a stop-loss at 86,500, aiming for 88,200-88,500. Ethereum follows a similar logic: if 3,050-3,070 faces resistance, consider a light short with a stop-loss at 3,090, targeting 2,960-2,950; if it stabilizes above 2,950-2,970, then go long with a stop-loss at 2,920, targeting 3,050-3,090.
Risk management is especially important now, as liquidity is limited, and volatility can be exaggerated. Always trade with small positions, set stop-losses, and avoid chasing orders—risk is not worth it.