8.13 Midnight Market Brief
Based on the current 4-hour structure, BTC is trading in a range around the Bollinger Band midline. The KDJ curve intersects and diverges repeatedly, the MA lines are sticking together and flattening, and the MACD is oscillating around the zero axis. The box-range consolidation energy continues to release, and the battle between bulls and bears is intense. The resistance to watch is around 64,800.
From the 1-hour structure, BTC keeps probing repeatedly above and below the Bollinger Band midline. The KDJ curve fluctuates, the MA lines are intertwined, and the MACD’s bullish and bearish energy switches alternately, with no clear directional bias. The support to watch is around 63,000.
On the 4-hour cycle, Ethereum (ETH) also maintains box-range volatility. Price oscillates around the Bollinger Band midline, the KDJ keeps crossing repeatedly, the moving averages are flat and sticking together, and the MACD’s bullish and bearish momentum offsets each other. Overall, ETH moves in tandem with BTC. The resistance to watch is around 1,960.
At the 1-hour level, ETH is range-trading around the Bollinger Band midline. The KDJ is unstable, the MA lines are intertwined, and the MACD’s bullish and bearish energy alternates. The volatility is larger than Bitcoin’s. The support to watch is around 1,840.
Trading Suggestions:
BTC: Go long in the 63,500–63,000 range, targeting 64,300–65,300
ETH: Go long in the 1,870–1,850 range, targeting 1,915–1,940
Many people always want to catch every wave of ups and downs, eager to chase quick profits. When it rises, they jump in long; when it pulls back, they panic and cut losses. In the midst of sideways action, they get swept out repeatedly, and the more they trade, the more confused they become.
#美国7月PPI持平
$BTC $ETH
Based on the current 4-hour structure, BTC is trading in a range around the Bollinger Band midline. The KDJ curve intersects and diverges repeatedly, the MA lines are sticking together and flattening, and the MACD is oscillating around the zero axis. The box-range consolidation energy continues to release, and the battle between bulls and bears is intense. The resistance to watch is around 64,800.
From the 1-hour structure, BTC keeps probing repeatedly above and below the Bollinger Band midline. The KDJ curve fluctuates, the MA lines are intertwined, and the MACD’s bullish and bearish energy switches alternately, with no clear directional bias. The support to watch is around 63,000.
On the 4-hour cycle, Ethereum (ETH) also maintains box-range volatility. Price oscillates around the Bollinger Band midline, the KDJ keeps crossing repeatedly, the moving averages are flat and sticking together, and the MACD’s bullish and bearish momentum offsets each other. Overall, ETH moves in tandem with BTC. The resistance to watch is around 1,960.
At the 1-hour level, ETH is range-trading around the Bollinger Band midline. The KDJ is unstable, the MA lines are intertwined, and the MACD’s bullish and bearish energy alternates. The volatility is larger than Bitcoin’s. The support to watch is around 1,840.
Trading Suggestions:
BTC: Go long in the 63,500–63,000 range, targeting 64,300–65,300
ETH: Go long in the 1,870–1,850 range, targeting 1,915–1,940
Many people always want to catch every wave of ups and downs, eager to chase quick profits. When it rises, they jump in long; when it pulls back, they panic and cut losses. In the midst of sideways action, they get swept out repeatedly, and the more they trade, the more confused they become.
#美国7月PPI持平
$BTC $ETH