Technical Analysis: BTC (Bitcoin):
Weekly Level: Last week closed with a large bullish candle, the K-line firmly above the 7-day moving average, and the overall trend has strengthened.
Daily Level: Five consecutive small bullish candles, the K-line shows a bullish arrangement. The narrow fluctuations over the weekend have repaired the technical deficiencies, with the lower moving averages extending in conjunction with the upward channel, indicating a relatively healthy trend.
4-Hour Level: During the weekend's fluctuations, a clear support was formed around the 97600 level, with the morning K-line showing four consecutive bullish candles, breaking through last Friday's high.
Trading Recommendation: Focus on the 98000-97000 support level for bullish trades during the day, and pay attention to the 100000-101000 resistance level above. #btc70k
ETH (Ethereum):
Weekly Level: Last week saw an increase of 7.58%, closing with a solid bullish candle, two consecutive bullish weeks, and the overall trend is bullish, with a key resistance level around 3850 points.
Daily Level: Five consecutive bullish candles, the trend indicates a bullish trend, but as the gap between the highs narrows, the upward momentum has slightly slowed, requiring a downward exploration or consolidation to repair the technical deficiencies before rising again.
4-Hour Level: The upward movement starting from 3300 points has completed the second wave, with stage support forming in the 3600-3580 range after the weekend adjustment.
Trading Recommendation: Focus on the 3630-3600 support level for bullish trades during the day, and pay attention to the 3720-3750 resistance level above. #ADA热度上升 #比特币走势观察 #AIAgent热潮 #SUI创新高
I am a long-term bear. If you currently don't know how to position, you can come to me for a discussion!