December 2nd Ethereum Market Analysis: After a rebound, it continues to decline, providing opportunities for short positions.
From the market chart, it can be seen that Ethereum is currently at 2738, having dropped approximately 8.4%. The price has rapidly declined from a recent high of 3052, with no obvious signs of a stop in the decline. In the short term, a slight rebound may occur, but overall, the market remains under bearish control. The current price is close to the lower Bollinger Band, which often signals overselling, but in the context of a strong downtrend, this rebound is likely a trap to lure buyers, providing opportunities for short positions.
Currently, both the DIF and DEA in the MACD are in negative territory, indicating that the market is still in a bearish trend. The fast line is below the slow line, and the negative territory shows that selling pressure far exceeds buying pressure; the rebound is more of a short-term correction rather than a trend reversal. The current price is near the support level of 2718. If the price breaks this support level, it may accelerate the decline, further opening up downward space.
The short selling strategy for Bitcoin/Ethereum given on Friday successfully took profit
The short selling strategy for Bitcoin at 92000 dropped below 90000 this morning, gaining a space of 2000 points #ETH走势分析 The short selling strategy for Ethereum at 3080 dropped below 2900 this morning, gaining a space of 180 points #比特币走势分析 $BTC
Over the weekend, the Ethereum price stabilized around 3008, showing a slight increase, but overall fluctuations were relatively stable. The price has oscillated in this range for a long time without forming strong upward momentum.
The upper and lower bands of the Bollinger Bands are located at 3008 and 2900, respectively. The current price is close to the upper band, suggesting that the price may face a risk of retracement. The narrowing of the Bollinger Bands indicates low market volatility, as the price has not significantly broken through or fallen below key levels, providing potential opportunities for short positions. If the price breaks below the lower band, it may further explore down to around 2900.
The MACD indicator shows that the current bearish bars are gradually shortening, while the bullish bars have shown slight growth, but overall changes are minimal. The MACD line has not formed a clear crossover signal, but the current market trend remains biased towards stable consolidation, showing no strong bullish or bearish signals. Therefore, short positions can pay attention to further confirmation when the price breaks downward.
In the absence of clear breakout signals, short positions can be entered when the price approaches the upper band, especially if the price breaks below the lower band, which may accelerate the downward retracement. The ideal timing for entering short positions should be when the price approaches or breaks the upper band but fails to maintain the rise, or when the price approaches the lower band again and shows downward confirmation. #ETH走势分析 #比特币走势分析 $BTC $ETH
November 28 evening Bitcoin and Ethereum market analysis and operation strategy
Currently, the price of ETH is around 3036, which has increased compared to the previous period. Although the price has broken through the resistance level of 3080, we need to note that the price increase is mainly a short-term fluctuation, and there may be a risk of a pullback.
From the Bollinger Bands perspective, the price is approaching the upper band. The bandwidth of the Bollinger Bands is gradually narrowing, which indicates that market volatility is decreasing, and the price may experience adjustments or reversals. If the price of ETH further approaches the upper Bollinger Band without breaking through, a price drop may occur, especially when market sentiment changes. The MACD line is currently above the DEA line, but the gap between them is narrowing.
Although the outlook is bullish in the short term, if the MACD line quickly falls back and breaks below the DEA line, it may generate significant bearish signals. The MACD histogram has shown some green bars and is beginning to stabilize, indicating that the upward momentum is weakening, and the risk of a pullback is increasing.
The current key support level is around 2855, while the current resistance level is around 3080. If the price of ETH fails to maintain above this resistance level and drops, it may further fall towards the support level, even breaking through the support range. Once the price breaks through the support level, it may accelerate downward, leading to a broader pullback.
November 27th Morning Bitcoin and Ethereum Market Analysis and Trading Ideas
Ethereum's short-term EMA5, EMA10, and EMA20 show a bullish arrangement, indicating a short-term upward price trend. This kind of bullish arrangement often leads to a pullback when the market experiences excessive price increases, especially after rapid price surges. The upward momentum in the short term may encounter resistance.
Ethereum's current price is close to the upper Bollinger Band at 3051, which means the price has entered a relatively high area and is far from the lower band at 2860. The market is in an overbought state, and the price may face pullback risks. Therefore, the risk of continuing to chase long positions in the short term is relatively high, while considering short positions may offer better entry points.
This price point is not suitable for blindly chasing long positions, especially under the combined influence of multiple factors such as the price nearing the upper Bollinger Band, gradually weakening upward momentum, increased market volatility, and capital outflows, making short positioning appear more rational.
Bitcoin: 90200-90500 short, target: around 88500 Ethereum: 3025-3050 short, target: around 2970
On the afternoon of the 28th, BTC/ETH market analysis and operational ideas
The price of Ethereum shows a downward trend with fluctuations. The price has retraced from a recent high of 2983 and is currently hovering around 2926. The candlestick chart indicates that the price trend has encountered resistance from above, with a long upper shadow, indicating heavy selling pressure above.
The MACD shows signs of weakening momentum. A death cross has appeared between the DIF and DEA, and the MACD histogram shows negative values, with momentum continuously shrinking, indicating a lack of further upward driving force in the market. The EMA7 has crossed below the EMA30, indicating short-term price pressure. The support level of EMA120 is roughly around 2870; if the price continues to decline, it may test this support level.
Currently, the price fluctuates near the middle band of the Bollinger Bands, with the price failing to effectively break through the upper band, indicating insufficient upward momentum. The lower band is around 2900, which may provide short-term support for the price.
In summary, Ethereum is currently in a phase of consolidation, facing strong upward pressure in the short term, and lacking effective upward momentum. If it breaks down below the support level, the price may further retreat to the support area around 2870 near EMA120.
November 25 afternoon Bitcoin and Ethereum market analysis and trading ideas
Recently, the K-line has shown a fluctuating and retreating trend, with prices gradually falling from a high of 2927 to around 2905, forming a small bearish candle. On the daily level, after yesterday's strong bullish candle, today has closed with a long upper shadow, indicating significant pressure above, and short-term upward momentum has weakened.
On the hourly level, the MACD histogram continues to shorten, with the DIF and DEA forming a death cross, and momentum weakening; although the daily level is still in a bullish range, signs of weakening are also evident, and short-term may face adjustment pressure. The EMA7 on the hourly level: 2921 has been broken, and the current price is supported near EMA30: 2892. In the long run, the EMA120 on the daily level: 2856 is far below the current price, and short-term may face certain adjustments.
Bitcoin: 87400-88000 short, target: around 86000 Ethereum: short around 2900. Target: around 2800 #BTC走势分析 $BTC $ETH
BTC/ETH Market Analysis and Trading Ideas for November 24 Afternoon
On the daily level, the price encountered significant resistance around 88000, with several consecutive days of bearish candles, showing an overall downtrend. Currently, the market's movement shows certain signs of adjustment. On the hourly level, the price has pulled back from a high and is now approaching the support area near the previous low of 86700. If this support is broken, the price may further decline. The MACD on the hourly level is below the zero axis, with the DIF and DEA forming a death cross and continuing downward, indicating that bearish momentum is gradually strengthening. However, after a period of increased volume, the momentum has weakened, suggesting that the bearish forces in the market have temporarily eased. The EMA system of EMA7, EMA30, and EMA120 on the hourly chart has formed a bearish arrangement, with the price continuously facing resistance at EMA7: 87050, indicating a weak market in the short term.
In the afternoon, the Bitcoin and Ethereum long strategies we provided successfully took profit #ETH走势分析 In the afternoon, the Bitcoin long strategy near 86000 rose to 87000 in the evening, capturing a thousand-point space
Ethereum successfully went long near 2800 and reached the target point of 2850, capturing a 50-point space $BTC
November 23 afternoon BTC/ETH market analysis and trading ideas
On the daily chart, recent prices have gradually rebounded from the low of 86100 on November 20 to the current 86041, still in a downtrend overall, with previous highs not broken, indicating that there has not yet been a clear reversal signal in the market.
On the hourly chart, recent prices have shown a fluctuating upward trend, reaching a high of 86075 and closing near that high, indicating a bullish advantage in the short term, showing some signs of market sentiment warming.
The MACD on the hourly chart has both the DIF and DEA running above the zero axis, and DIF is gradually distancing itself from DEA, indicating that bullish momentum is gradually strengthening. However, caution is needed as signs of the red bar shortening after three o'clock may signal a weakening of upward momentum in the short term.
The hourly RSI is 59, situated in a strong zone, but has not yet entered the overbought area. This means there is still some room for price increases, and it may continue to rise in the short term.
From the EMA hourly perspective, EMA7: 85918 has crossed above EMA30: 85274, forming a golden cross, indicating a short-term bullish trend. However, EMA120: 87805 is still quite far away, and this position poses strong upward pressure, requiring attention to the effective breakthrough of this resistance level.
In the short term, the hourly chart shows a fluctuating upward trend, focusing on the support at the round number of 86000 and the resistance near 86500. If the price breaks above 86500, it is expected to test levels near 87000.
Bitcoin: Buy directly near 86000, target around 87000 Ethereum: Buy directly near 2800, target around 2850-2900#BTC走势分析 $BTC
November 22nd Afternoon BTC/ETH Market Analysis and Trading Ideas
On the daily level, recent prices have continued to decline, forming a series of bearish candles, overall presenting a weak pattern. The selling pressure in the market is quite large, and it is difficult to see strong rebound signals in the short term. On the hourly level, the price trend shows a fluctuating pattern, with highs gradually decreasing and lows constantly probing lower, indicating that the market is still digesting bearish pressure, overall showing a trend of weak correction.
The MACD on the hourly chart is below the zero axis, with both DIF and DEA being negative and showing signs of convergence. This indicates that although the bearish trend still dominates, there may be some rebound demand in the short term. However, this rebound may only be temporary, and the overall trend remains bearish.
In the EMA hourly chart, the 7-period moving average 84529 and the 30-period moving average 85135 have formed a death cross and are diverging downward. At the same time, the 120-period moving average 89239 is far above the current price, showing that the overall trend still leans bearish, making it difficult to escape the downward pressure in the short term.
Combining candlestick patterns, technical indicators, and trading volume data, the market is still in a weak range. Although there may be a demand for a rebound in the short term, the overall bearish trend has not changed.
Bitcoin: 84500-86000 short, target: around 83500 Ethereum: 2760-2780 short. Target: around 2700 #币安合约实盘 #比特币走势分析 #以太坊合约 $BTC $ETH
The long strategy for BTC given in the evening at 81000 successfully reached the target point of 83000, capturing a space of two thousand points $BTC #比特币波动性
Evening analysis and operational ideas for Bitcoin and Ethereum on November 21
On the daily chart, the recent price shows a clear downward trend, with consecutive days of closing with bearish candles, and both highs gradually decreasing and lows continuously setting new lows. In the 1-hour cycle, this afternoon saw a significant drop accompanied by increased trading volume, followed by a phase of market consolidation.
In the MACD 1-hour cycle, both DIF and DEA are running below the zero axis, with bearish momentum bars continuing to expand but shortening, indicating that bearish strength is weakening. The EMA price is below EMA7, EMA30, and EMA120, with short-term, medium-term, and long-term moving averages displaying a bearish arrangement, showing that the market is still in a downtrend.
Overall, the market remains in a downtrend. Although bearish momentum has weakened and technical indicators suggest a potential rebound demand, the rebound amplitude may be limited against the backdrop of low trading volume and weak trends. In the short term, attention should be paid to whether the price can break through the current consolidation range; if it fails to effectively rebound, the downward pressure remains significant.
Bitcoin: 82300-81000 long, target: around 83000 Ethereum: 2680-2650 long, target: around 2750
November 20 afternoon BTC/ETH market analysis and trading strategy
From a daily perspective, the recent price has shown signs of rebound after a significant decline, but the overall trend is still in a consolidation phase. In particular, the long lower shadow formed on November 19 indicates that there is some buying support at lower levels, and the market has not completely given up on bullish sentiment. On the hourly chart, price fluctuations are relatively small, with prices oscillating around 92200.
The hourly MACD histogram is gradually shortening, and the fast and slow lines show an upward trend, indicating that the bearish strength is weakening, and the bulls may be accumulating energy. However, the daily MACD is still below the zero line, and the overall trend remains weak, with the market still in a relatively weak adjustment phase.
The hourly EMA7 and EMA30 moving averages have formed a golden cross, indicating that the bulls are dominant in the short term, showing strong short-term rebound momentum. However, the EMA120 is still above the current price, indicating ongoing long-term pressure that has not been completely broken through. From a daily perspective, the EMA7 and EMA30 are gradually converging, indicating that the short-term trend is tending to stabilize, but the EMA120 is far from the current price, indicating that the medium- to long-term trend remains weak.
The short selling strategy for Bitcoin at 93000 successfully reached the target point of 90500 this evening, achieving a 2500 point range. The short selling strategy for Ethereum at 3100 also perfectly reached the target point of 3000, achieving a 100 range. Congratulations to those who paid attention to the article! $BTC $ETH
November 19 BTC/TEH Market Analysis and Trading Ideas
The current daily level of Bitcoin shows a weak pattern of continuous price decline, forming a series of bearish candles, indicating a relatively pessimistic market sentiment. As of today's closing price of 91261, it has significantly retreated compared to the previous trading day, and the price lows are gradually decreasing, further confirming the trend dominated by bears. On the hourly level, the Bitcoin price has experienced continuous pullbacks after fluctuating at a high level, and has failed to effectively break through the previous high near 91950. The current trend shows a clear downward trend. In terms of technical indicators, the MACD on the hourly chart indicates that both DIF and DEA are negative, and the MACD histogram continues to show green bars, with bearish strength prevailing and the overall market leaning weak.