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Although the 4-hour cycle triggered a technical rebound near the lower track, the bearish dominant pattern remains unchanged. The upper middle track and the MA30 moving average resonate to form a core resistance zone, limiting the rebound space.
In terms of technical indicators, the MACD red bars are gently expanding, and the DIF and DEA death cross pattern is showing a converging trend; the KDJ three lines are running near the edge of the oversold area, and the RSI indicator is approaching the 25 level with weak upward momentum. The short-term bearish momentum still prevails, and the timing for entering long positions is not yet clear.
From the daily chart perspective, the MACD red bars continue to expand, the RSI indicator has turned downward, and the KDJ shows a bearish divergence pattern. The K-line has effectively broken below the lower track support level, further strengthening the bearish trend. The operational strategy still focuses on laying out short positions at high points.
Large Bitcoin: Short near 86500-87000, target 85500, 84000.
On the eve of the CPI data release, gold remains in a wide fluctuation channel, with the key resistance level at 4350 significantly suppressing it—three attempts to break through have encountered resistance and retracement, and effective breakthrough momentum has yet to form. Tonight's release of the U.S. CPI data will become the core variable to break the current stalemate, directly determining whether gold can break free from the fluctuations and enter a trending market.
From the technical perspective of the 1-hour cycle, although gold maintains a high-level consolidation, the characteristics of range fluctuations are prominent, and the long-position strategy should adhere to the principle of 'buying on dips.' The support strength in the 4280 area needs to be closely monitored, and one can look for opportunities to buy low within this range; if it fails to stabilize above the 4350 resistance level, the price will still face retracement pressure.
- Long positions: Buy near 4296-4305, target 4345, 4350
- Short positions: Sell near 4345-4350, target 4280, 4260
Large pancake 1900 point space, second pancake 91 point space, everyone can take the initiative, the evening spike is too fast, manage the risk of making orders
From the four-hour cycle perspective, after a rebound following three consecutive bullish candles, the price encounters strong resistance at the middle band of the Bollinger Bands. Although there has been a slight recovery during the pullback phase, considering the previous downward trend and the technical shape of the Bollinger Bands opening downwards, bullish momentum remains continuously lacking. The resistance at the middle band is unlikely to be broken in the short term, and the overall trend in the future will still be dominated by bearish forces.
On the hourly chart, the price briefly broke above the upper band of the Bollinger Bands, quickly falling back into consolidation; the bullish volume of the MACD indicator has shifted from expanding to contracting, and the KDJ and RSI indicators have both turned downwards, clearly signaling a short-term adjustment. Overall, it is recommended to focus on shorting during rebounds as the core strategy.
BTC: short near 87800-88300, add at 88800, target 86800, 85200
ETH: short near 2970-3020, add at 3050, target 2920, 2800
From the daily perspective, after the price hit the 90,000 mark and encountered strong resistance, it has retreated. This is a technical correction during the upward trend and represents a healthy adjustment of the market itself. The stability of the medium-term core support level is directly related to the integrity of the upward channel. As long as this support level is not effectively broken, the overall bullish pattern will continue. The core function of this round of adjustment is to digest the previous overbought risks and clear short-term speculative long positions, in order to accumulate more upward momentum for the subsequent market.
Large pancake: Buy around 85,300-85,800, target 86,800, 88,300
Second pancake: Buy around 2,900-2,940, target 3,000, 3,120
Morning layout of large pancake and small pancake confirmed, the large pancake has nearly four thousand points of space, and the small pancake also has two hundred points of space, the answer is given to everyone again!
From the daily perspective, the price of the second pancake touched the lower Bollinger Band and recorded a Doji candlestick. Although there are signs of short-term adjustment, the downward trend dominated by bears remains unchanged, and the overall weak pressure pattern continues. On the four-hour cycle, after briefly gaining support from the middle Bollinger Band, the price showed weak rebound and failed to form an effective recovery, immediately resulting in a four consecutive bearish candles accelerating the decline. The current price is running weakly close to the lower Bollinger Band. From the indicators, the main moving averages show a clear bearish arrangement, and the overall technical performance is weak, with the market still facing further downside risks.
After the weekend's震荡整理, the price of Bitcoin broke through the 90,000 integer level, and the downward trend has become clearer. On the 4-hour cycle, the price briefly stabilized at the middle track of the Bollinger Bands but failed to achieve effective recovery, subsequently moving out of a four consecutive bearish candles and strongly probing downward. The current price is closely aligned with the lower track of the Bollinger Bands, and various moving average indicators are showing a synchronized downward divergence, indicating there is still room for a pullback below.
Last midnight period, Erbing started to rebound from the low point area of 3142, reaching a high near 3272.
Currently observing the market, the four-hour K-line shows a series of bullish candles, with the price running closely along the middle band of the Bollinger Bands. This resistance level has a significant suppression effect, making it difficult to break above the middle band in the short term; switching to the one-hour level, although the MACD indicator is gradually forming a golden cross and bullish momentum is gradually being released, the short-term correction pressure cannot be ignored, and the operation should still focus on high short positions as the core idea.
From the current market perspective, the four-hour cycle candlestick has formed a series of bullish patterns, with prices continuously oscillating near the middle band of the Bollinger Bands. This position shows strong resistance, and the probability of a short-term upward breakthrough of the middle band is limited. Switching to a one-hour level for observation, the MACD indicator is gradually building a golden cross signal, with bullish momentum showing a moderate release trend, but it is essential to be cautious of short-term technical pullback risks. Combining the resonance logic of multiple technical cycles, it is recommended to focus on high short positions as the core strategy.
In the early morning, the Federal Reserve's interest rate cut combined with Powell's speech resulted in a market showing a fluctuating upward and downward trend. We are currently entering a critical phase of long and short contention. The main focus for Bitcoin is the effectiveness of support at the 90000 level, while for the second currency, attention should be on the defensive strength at the 3200 integer level.
Bitcoin: Buy around 90000-90500, target 91500, 93000 Second currency: Buy around 3200-3225, target 3280, 3350
Yesterday, the Bitcoin market was quiet during the day, with narrowed volatility; after entering the evening period, bullish momentum was concentrated and released, causing the price to quickly surge, approaching the peak near 94500, and then falling back under pressure, currently oscillating around 92400.
Overall, the market has entered a high-level oscillation cycle after a continuous upward movement. Although it faces short-term correction and digestion pressure, the core technical pattern still maintains a bullish dominance. Attention should be paid to whether the price can stabilize effectively in the key moving average and the previous resistance-turned-support area, thereby regaining upward momentum.
Buy near 91500-92200, target 94600, 96800, 100000.
The Ethereum market shows a strong upward trend, with the daily line recording consecutive bullish patterns. Prices are steadily climbing based on the upper Bollinger Band, and trading volume is also releasing in tandem, confirming the market's strong bullish sentiment and ample upward momentum. The short-term upward channel remains intact, and the probability of continuing the upward trend is higher; on the hourly level, the market has entered a short-term consolidation phase after consecutive surges, which is a typical technical correction. The continuous expansion of the Bollinger Band indicates there is still upward space above, but the KDJ indicator has reached the overbought zone, requiring caution for short-term technical pullback risks. The medium to long-term upward pattern has not undergone substantial changes.
The Ethereum market staged a textbook-level short squeeze reversal in the early hours! After a rapid drop below the 3100 mark, it briefly touched a low of 3066 before bouncing back strongly, forming a clear 'false breakdown' pattern on the daily chart. This trend indicates that the bearish momentum has gradually weakened after a concentrated release, and the 3100 level has successfully transformed from a previous resistance into strong support through intense long-short battles, becoming the core support for the bulls' counterattack, solidifying the foundation for further upward movement in the market.