BTC surged hard last night, but it’s not a good time to blindly chase with your eyes closed now.

The current price is around 86,343. The 24h high/low is 87,396 / 83,695. The previous candle has closed: it opened a daily K at 81,178, high 87,396, low 80,850, and closed at 86,620. The current daily K has not closed yet.

MA7 is 79,743, MA25 is 78,736, MA99 is 68,581. The daily trend is still somewhat bullish. However, the 4H RSI is already at 83, and the short-term market is clearly overheated. Also, the 1H MACD is below the signal line—momentum from the push higher is cooling.

Support: first look at 85,100, then 83,700. Resistance: look at 86,600–87,400, then 88,000. If volume increases and price holds above 87,400, and a pullback doesn’t break it, you can look for continuation. If 85,100 breaks, watch for a retracement; if 83,700 is lost, the short-term outlook turns weaker.

ETH is currently around 2,754, with the 24h high/low at 2,807 / 2,692. The previous daily K has closed: it opened at 2,645, high 2,807, low 2,644, and closed at 2,776. The current daily K has not closed yet.

MA7 is 2,561, MA25 is 2,496, MA99 is 2,040. The bullish structure is intact, but the 4H RSI is also up to 78. Support: 2,715–2,690 first, then 2,645. Resistance: 2,778–2,807 first, then 2,850. Only after holding above 2,807 should you look for new highs; if 2,690 breaks, first look at 2,645.

My thinking is simple: the trend is still leaning bullish, but the short term is overheated. Wait for a pullback or confirmation of a breakout—don’t chase in the middle.

Data source: Binance spot and U-based perpetual futures public market data, Beijing time 2026-09-22 16:53. This does not constitute investment advice.