Evening Analysis


The overall intraday trend remains a volatile downward pattern, with the price touching the 70200 level and facing resistance before pulling back, currently trading around 69800.

Technical Brief
- 1-Hour Level: The candlestick pattern alternates between bullish and bearish, pressing against the middle band of the Bollinger Bands, with MA5 and MA10 forming a death cross and diverging downward.
- 4-Hour Level: The candlestick is under pressure from the upper band of the Bollinger Bands, with MA lines shifting from a golden cross to a death cross, and the bullish momentum bars continue to decrease.

Operational Suggestions
Set short positions around 71000-71500 for Bitcoin, targeting 67800-67300.
Set short positions around 2090-2120 for Ethereum, targeting 1940-1970.
BTC-0,88%
ETH-0,85%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin