Attention! Observe the upcoming market trend and consider opening positions accordingly.
Technical analysis: BTC 4-hour MACD has officially crossed bearish, currently oscillating around $95,300. ETH is weakening in tandem, testing the 4-hour lower band.
Tonight's focus: 1. Key support line for BTC: $94,500: Holding this level may allow ETH to rebound and catch up; if broken, retreat across the board. 2. Support level for ETH: $3,250: This is a recent area of high liquidity. If touched and BTC stabilizes, it’s an excellent entry point for speculation.
Trading suggestions: Bullish strategy: Wait for BTC to dip near $94,800, observe buying strength, targeting ETH at $3,400. Bearish strategy: If BTC falls below $94,500 and does not rebound, decisively enter ETH short positions, targeting $3,150.
Focus on Bitcoin support and ETH rebound potential. Staying in cash before the US stock market opens is the safest.
Recommendations: Since BTC 4-hour MACD has just formed a death cross, tonight’s trend may show a “first decline then rise” or “wide-range oscillation.” It’s advised to observe during the first 20-30 minutes after US market opens, and avoid rushing into positions at the highest volatility points.
Exchange rate focus: If ETH/BTC drops below 0.0340, it indicates Ethereum’s support logic has completely collapsed. At this point, switch decisively to a bearish mindset and do not expect a catch-up rally. #Gate广场创作者新春激励 #BTC行情分析 #加密市场观察 #策略
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Attention! Observe the upcoming market trend and consider opening positions accordingly.
Technical analysis: BTC 4-hour MACD has officially crossed bearish, currently oscillating around $95,300. ETH is weakening in tandem, testing the 4-hour lower band.
Tonight's focus:
1. Key support line for BTC: $94,500: Holding this level may allow ETH to rebound and catch up; if broken, retreat across the board.
2. Support level for ETH: $3,250: This is a recent area of high liquidity. If touched and BTC stabilizes, it’s an excellent entry point for speculation.
Trading suggestions:
Bullish strategy: Wait for BTC to dip near $94,800, observe buying strength, targeting ETH at $3,400.
Bearish strategy: If BTC falls below $94,500 and does not rebound, decisively enter ETH short positions, targeting $3,150.
Focus on Bitcoin support and ETH rebound potential. Staying in cash before the US stock market opens is the safest.
Recommendations:
Since BTC 4-hour MACD has just formed a death cross, tonight’s trend may show a “first decline then rise” or “wide-range oscillation.” It’s advised to observe during the first 20-30 minutes after US market opens, and avoid rushing into positions at the highest volatility points.
Exchange rate focus: If ETH/BTC drops below 0.0340, it indicates Ethereum’s support logic has completely collapsed. At this point, switch decisively to a bearish mindset and do not expect a catch-up rally. #Gate广场创作者新春激励 #BTC行情分析 #加密市场观察 #策略