#数字资产市场动态 Market Observation | Short-term Trend Analysis of Bitcoin and Ethereum
The recent crypto market continues to test several key support levels. Let’s take a look at today’s technical analysis:
【$BTC Trend Analysis】 Bitcoin remains below the MA30 moving average on the daily chart, indicating a short-term bearish trend. The most critical resistance level is at 8.95—without a break above it, the rebound potential is limited. On the 1-hour chart, the 8.75 level is very important; if it can hold steady here, there’s a chance to test 9.1 upwards. Conversely, if it fails to hold, support at 8.5 should be watched.
【$ETH Trend Analysis】 Ethereum’s situation is similar. Both the daily and 4-hour charts are watching the 3030 resistance level, which is a critical choke point. If prices approach this level again, consider shorting at the resistance. On a more detailed 1-hour level, the MA256 moving average around 2960 is a key resistance zone.
【Midday Trading Suggestions】 (Time: 13:10) - $BTC: Buy low and sell high within the 8.7-8.83 range; if there’s no clear direction in the short term, trade within the range. - $ETH: Similar approach, repeatedly testing the 2900-2980 range, suitable for range trading. - $SOL: Continue to monitor the linkage with other mainstream coins.
Technical analysis emphasizes precise support and resistance levels. This system has a relatively stable win rate. If you have questions, feel free to discuss below, and let’s analyze the market together.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
6
Repost
Share
Comment
0/400
blocksnark
· 11h ago
It's another period of range-bound oscillation. This theory has been repeating itself all along. When will there be a real breakthrough?
View OriginalReply0
SatoshiHeir
· 11h ago
It should be pointed out that the fatal flaw of your moving average system is completely ignoring the whale movements indicated by on-chain data. Undoubtedly, relying solely on technical analysis will lead to being cut.
View OriginalReply0
SandwichTrader
· 11h ago
It's another period of range-bound oscillation. It seems this analysis has been consistently validated lately.
View OriginalReply0
0xTherapist
· 11h ago
Still testing repeatedly, when will there be some new tricks?
View OriginalReply0
CompoundPersonality
· 11h ago
Still oscillating within the range. If 8.95 doesn't break, just be honest and buy low, sell high. Anyway, there's only this much room in the short term.
View OriginalReply0
BlockTalk
· 11h ago
8.95, this threshold, is going to be tested again. It seems that in the short term, continued volatility is still necessary.
#数字资产市场动态 Market Observation | Short-term Trend Analysis of Bitcoin and Ethereum
The recent crypto market continues to test several key support levels. Let’s take a look at today’s technical analysis:
【$BTC Trend Analysis】
Bitcoin remains below the MA30 moving average on the daily chart, indicating a short-term bearish trend. The most critical resistance level is at 8.95—without a break above it, the rebound potential is limited. On the 1-hour chart, the 8.75 level is very important; if it can hold steady here, there’s a chance to test 9.1 upwards. Conversely, if it fails to hold, support at 8.5 should be watched.
【$ETH Trend Analysis】
Ethereum’s situation is similar. Both the daily and 4-hour charts are watching the 3030 resistance level, which is a critical choke point. If prices approach this level again, consider shorting at the resistance. On a more detailed 1-hour level, the MA256 moving average around 2960 is a key resistance zone.
【Midday Trading Suggestions】 (Time: 13:10)
- $BTC: Buy low and sell high within the 8.7-8.83 range; if there’s no clear direction in the short term, trade within the range.
- $ETH: Similar approach, repeatedly testing the 2900-2980 range, suitable for range trading.
- $SOL: Continue to monitor the linkage with other mainstream coins.
Technical analysis emphasizes precise support and resistance levels. This system has a relatively stable win rate. If you have questions, feel free to discuss below, and let’s analyze the market together.