8.10 Evening Analysis
4-hour Overall Market Context
The market started a stepwise uptrend from the low at 63,847.20. The medium-to-long-term bullish structure remains intact; after the price pushed up to a phase high of 65,455.50, bullish momentum kept weakening. A series of pullback candles followed, turning into a high-level, slightly weak consolidation. The rebound lacks strength, and the pullback pressure gradually increases. Both lines are still holding above the zero axis, meaning the large-cycle bullish environment has not been broken. The DIF continues to fall and crosses below the DEA to form a dead cross. Meanwhile, the bearish green histogram energy expands in parallel, indicating that short-term bullish momentum is being consumed rapidly. Bearish forces continue to build, and in the short term there is a need for further pullback to the moving averages for repair.
#BTC #ETH #BTC走势分析
4-hour Overall Market Context
The market started a stepwise uptrend from the low at 63,847.20. The medium-to-long-term bullish structure remains intact; after the price pushed up to a phase high of 65,455.50, bullish momentum kept weakening. A series of pullback candles followed, turning into a high-level, slightly weak consolidation. The rebound lacks strength, and the pullback pressure gradually increases. Both lines are still holding above the zero axis, meaning the large-cycle bullish environment has not been broken. The DIF continues to fall and crosses below the DEA to form a dead cross. Meanwhile, the bearish green histogram energy expands in parallel, indicating that short-term bullish momentum is being consumed rapidly. Bearish forces continue to build, and in the short term there is a need for further pullback to the moving averages for repair.
#BTC #ETH #BTC走势分析