$BTC 8.13 Thursday evening: latest Bitcoin and Ethereum market outlook, ideas and analysis
From the current market structure, the trend is still in a repair phase dominated by bearish control. Although the price has temporarily stabilized around 63,600, the rebound strength is extremely limited and remains capped by the overhead resistance near 63,800. Meanwhile, 64,200 has also formed a mid-term bearish defense line above. The moving average system shows a typical bearish divergent arrangement, which means each rally is more likely to lure buyers rather than indicate a true trend reversal. In terms of technical indicators, although MACD has formed a low-level golden cross, both DIF and DEA are still running below the zero line—this is a typical weak corrective pattern, not a trend-turning signal. A golden cross below the zero line often corresponds to the end of a rebound; once the red histogram starts to contract, the bears will likely regain momentum. Observing volume and price behavior, the rebound over the past few days has come with a gradual decline in trading volume, suggesting that bullish chasing is insufficient and the market lacks incremental capital to push higher. On the daily timeframe, there have been consecutive long upper wicks near the highs, indicating heavy selling pressure overhead. The 63,800–64,200 range has established a clear resistance band. If, going forward, the price cannot hold above the 64,000 level and break out with increased volume, it is likely to continue testing the downside support area. Lao Hu provides a high-bearish (sell/short) outlook.
8.13 evening trading ideas
For BTC, around 64,200 you can short—target 63,200
For ETH, around 1910 you can short—target 1860#BTC走势分析
From the current market structure, the trend is still in a repair phase dominated by bearish control. Although the price has temporarily stabilized around 63,600, the rebound strength is extremely limited and remains capped by the overhead resistance near 63,800. Meanwhile, 64,200 has also formed a mid-term bearish defense line above. The moving average system shows a typical bearish divergent arrangement, which means each rally is more likely to lure buyers rather than indicate a true trend reversal. In terms of technical indicators, although MACD has formed a low-level golden cross, both DIF and DEA are still running below the zero line—this is a typical weak corrective pattern, not a trend-turning signal. A golden cross below the zero line often corresponds to the end of a rebound; once the red histogram starts to contract, the bears will likely regain momentum. Observing volume and price behavior, the rebound over the past few days has come with a gradual decline in trading volume, suggesting that bullish chasing is insufficient and the market lacks incremental capital to push higher. On the daily timeframe, there have been consecutive long upper wicks near the highs, indicating heavy selling pressure overhead. The 63,800–64,200 range has established a clear resistance band. If, going forward, the price cannot hold above the 64,000 level and break out with increased volume, it is likely to continue testing the downside support area. Lao Hu provides a high-bearish (sell/short) outlook.
8.13 evening trading ideas
For BTC, around 64,200 you can short—target 63,200
For ETH, around 1910 you can short—target 1860#BTC走势分析