Coin Wave Chasing: 1.10 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Today's Latest Market Analysis Reference, News Interpretation

Coin Wave Chasing: 1.10 Bitcoin (BTC) Market Analysis Reference:
Bitcoin maintained intraday oscillation and consolidation, with prices fluctuating narrowly around the 90000 level. As of publication, BTC real-time quote is 90700. Observing from the daily chart, Bitcoin's daily K-line has closed bearish consecutively, with price currently running above the BOLL mid-line. The KDJ three-line is diverging downward, with bearish momentum continuously releasing; In the MACD indicator, DIF and DEA are running upward but the volume column has significantly narrowed, indicating that while the daily bullish trend has not completely reversed, upward momentum has notably weakened. The RSI three-line is hovering near the 50 watershed. In the short term, focus should be on monitoring the effectiveness of the Bollinger mid-line support (89500). If it can hold above the mid-line, there is still potential to rebound and test the 92000-93000 range and may attempt to challenge the 94000 resistance level again.
In the 4-hour chart, the Bollinger Band is contracting downward, with the Bollinger mid-line suppressing price. The KDJ three-line is contracting and sticking together in the weak zone below 50. The RSI three-line is all below 50, with MACD volume column continuously narrowing without forming an effective golden cross, reflecting that the 4-hour level is in a weak oscillation and bottom-building phase; In the 1-hour chart, the Bollinger channel is flattening and beginning to contract, with price retreating from the 91900 overbought high. The J-value of KDJ has turned downward, with MACD volume column transitioning from negative to positive but with insufficient upward momentum. In the short term, the hourly and 4-hour lines form a resonant oscillation pattern, with price likely consolidating in the 90000-91500 range. Given it's the weekend, there's no need to elaborate further. For intraday stable operations, it's best to capture short-term gains with high shorts and low longs.
Coin Wave Chasing: 1.10 Bitcoin Short-term Reference:
Long positions: Multiple in the 89000-90000 range, stop loss at 88500 backup, target 91000-92000,
Short positions: Shorts in the 91500-92500 range, stop loss 500 points, target 91000-90000,
Coin Wave Chasing: 1.10 Ethereum Short-term Reference:
Long positions: Multiple in the 3035-3065 range, defend 2950 backup, target 3100-3150,
Short positions: Shorts in the 3130-3180 range, stop loss 30 points, target 3100-3050,
This article content is original sharing by【Coin Wave Chasing】, representing personal opinion only. The article has transmission delay, for reference only, please do not trade blindly! Hope all followers, regardless of how the market changes, can adhere to their principles, maintain rationality and composure. Deeply understand the characteristics, risks and return mechanisms of investment products, and don't let short-term market fluctuations affect your emotions. Wishing all followers a journey of investment where you can have a discerning eye, seize opportunities, make every decision appropriately, ride the waves in the sea of investment, and reap wealth and growth!!!#BTC #ETH