$BTC Bitcoin market price is around 82,700.
After repeatedly attempting to break through 85,000 in a continuous push without success, it pulled back. Currently, you can see that within the parallel range box structure roughly between 82,800+ and 85,000, the lower track has been broken downward slightly—meaning the 82,800+ support is being tested. However, it’s not yet confirmed as an effective breakdown; it could potentially reclaim the level above again. What matters now is whether the four-hour candle close can recover above the 82,800 support—it’s quite crucial.
Otherwise, if there is a valid breakdown, then I’ll look at the 81,000–82,000 range. This range can still continue to be a buying entry.
Overall, speaking, after waiting for the daily MACD top divergence to repair, I still feel optimistic about the market’s strong performance after the broader market adjusts, and continued attempts to push toward 87,000.
$ETH $QNT
After repeatedly attempting to break through 85,000 in a continuous push without success, it pulled back. Currently, you can see that within the parallel range box structure roughly between 82,800+ and 85,000, the lower track has been broken downward slightly—meaning the 82,800+ support is being tested. However, it’s not yet confirmed as an effective breakdown; it could potentially reclaim the level above again. What matters now is whether the four-hour candle close can recover above the 82,800 support—it’s quite crucial.
Otherwise, if there is a valid breakdown, then I’ll look at the 81,000–82,000 range. This range can still continue to be a buying entry.
Overall, speaking, after waiting for the daily MACD top divergence to repair, I still feel optimistic about the market’s strong performance after the broader market adjusts, and continued attempts to push toward 87,000.
$ETH $QNT
