#美联储降息 Technical Analysis: Can BTC and ETH Maintain Support After Short-term Pullback?

Market Overview (Analysis Time: 13:00)

Bitcoin and Ethereum are both facing technical pressure. Recently, Bitcoin failed twice to sustain gains after reaching the 9.45 level on the daily chart and then began to decline. The current price has fallen below multiple daily moving averages, and close attention is needed to see if the support around the 8.95 level at the 4-hour MA120 can hold. If this defensive line at 8.95 fails, there is a risk of further downside in the short term. On the 1-hour chart, the price has already broken below the MA256 at 9.05, which can be seen as the dividing line between bullish and bearish forces in the short term. The market is expected to fluctuate around this level in the near future.

Ethereum is also under significant pressure. From the daily chart, after crossing the MA60, it encountered a pullback and has now retreated back near the daily MA256 at around 3200. This level is crucial as it marks the short-term dividing line between bulls and bears. On the 4-hour cycle, the price has fallen below the MA256 at around 3220. If this level is also lost, the next support is at the 1-hour MA256 at 3080.

Strategy and Recommendations (Updated at 13:00)

Bitcoin Trading Plan:
• Consider entering long positions at the 8.95 level
• If it drops to 8.8, add to long positions
• Target the 9.1–9.2 range
• If there is a rebound above 9.1/9.2, consider short positions with an expected profit of 1000–2000 points

Ethereum Trading Plan:
• Enter long positions at 3155
• If it pulls back to 3080, it is suitable to add to long positions
• Set the upward target at 3200–3250
• If it reaches near 3260/3350, consider shorting with an expected correction of 6–100 points

Recent strategies have been stable with a high success rate. Feel free to share your views below and discuss market trends together. $BTC $ETH $SOL