Analyst Liang Qiu: 4.29 BTC ETH moves within a narrow range, accompanied by market analysis tonight.

BTC and ETH have shown relatively small fluctuations in the last few days, after the prices rose from around 83000 and 1600 to above 93000 and 1750. Overall, there has been a relatively small pullback, with pressure above and support below. The sustainability of long and short positions is not very strong, making it relatively easy to find room for operation in this market. Currently, after the price increase, tight fluctuations are occurring, with pressure still existing above 96000 and 1850. Based on the daily moving average indicators, the 7-day average has started to diverge from the 10 and 30-day averages and is beginning to trend downward. The market has room for improvement and consolidation.
BTC ETH recently the K-line pattern price has been fluctuating around 95000 and 1800, forming quite long upper and lower shadows, indicating that there is selling and buying pressure in the market. On the daily chart, several declines from the high position appear, indicating that there is quite significant pressure above. On the technical indicators, MACD shows negative values and is gradually shrinking, indicating that bearish strength is starting to weaken, but it is still necessary to be cautious of a weak rally; if the pressure above cannot be broken, then a short position may be taken.
In the night operation, Liang Qiu suggested selling Bitcoin near 95000 to 95500, with a target around 93500; for Ethereum, sell near 1820 to 1830, with a target around 1760.
Limited daily strategy analysis, the market has variability, depending on real-time. #Gate.io App 全新升级 #AI 概念币普涨 #Memebox上线Salamanca (DON)#