BTC Trend Analysis

Cycle Reference
Trend direction, structure description
Long-term trends in daily and weekly charts (Spot reference)
Bearish Fluctuation
Six-hour trend
Range Fluctuation
Hourly chart (bias towards intraday contracts)
Short-term strong bullish
support
112800、110700
Pressure
116000、119000

Key Operation Points:
As shown in the figure, after the low point on the 26th, BTC has been oscillating at a low level for nearly three days over the weekend, and broke the deadlock of horizontal trading to start rising on the evening of the previous day. Furthermore, as seen in the six-hour chart below, there is a series of strong bullish candles indicating a strong rise. From the starting point of the increase, it has continuously risen more than 5000 points within two days. In the case of medium to long-term sideways movement, there was a sudden strong rise in the short term over the past two days. Pay attention to the trading volume. In terms of operation, refer to maintaining a short-term bullish outlook above 112800, but be aware of the pressure above 116000. However, the medium-term is still in a sideways market, so pay attention to the pressure and timely take profits, and it may also be possible to short.
ETH Trend Analysis

Cycle Reference
Trend direction, structure description
Long-term trend of daily and weekly charts (spot reference)
Bearish Oscillation
6-hour trend
Bearish oscillation
Hourly Chart (Intraday Contract)
Strong rebound
support
4080、、3900
Pressure
4280、4440

Operational Highlights:
As shown in the figure, ETH along with BTC has strengthened in the short term. Yesterday, it was emphasized to shift to a bullish stance in the short term, and the operational approach is biased towards the long side. However, it was also stressed that the upward movement is approaching the dense fluctuation range from September 22 to 25, so the trend is difficult to maintain coherence. Ultimately, there was a slight fluctuation and retreat during the day yesterday, followed by a rally starting in the evening. The hourly chart shows that the upward wave has also experienced ups and downs, and the trend rhythm aligns with the judgment. Currently, the bullish rhythm remains unchanged, referencing 4140 to maintain a bullish mindset. However, it is essential to pay attention to the strong resistance at 4280; nevertheless, the medium-term trend still leans towards a bearish fluctuation. Be cautious of a pullback after a rise, and in the short term over the next two days, ETH remains weaker relative to BTC, with altcoins being even weaker than ETH, so it is advisable not to reference each other too much in operations to avoid interference.