Liying Talk Coins: The more brutal the crypto market crashes, the stronger the rebound! Analysis of the latest Bitcoin and Ethereum market trends and trading suggestions


  Bitcoin is currently priced at 67,200. Liying predicts that after a volume surge on the daily chart, the market has entered a correction phase, with consecutive days of downward closes, indicating that short-term bearish forces are dominant. The current price has broken through several recent support levels. The 2-hour K-line shows a predominantly bearish trend with clear downward movement at recent lows. The MACD on the 2-hour chart remains bearish overall; RSI on the 2-hour chart shows continued strong bearish momentum, but this also increases the possibility of a short-term rebound. The 2-hour EMA has broken below all short, medium, and long-term moving averages, confirming a strong downtrend. The selling pressure on the daily chart may be weakening, but further volume changes need to be observed to confirm a trend reversal. The 2-hour chart shows a shrinking but still strong downward momentum.
  
  Short-term reference:
  
  Buy at 66,000 and 65,500, exit if below 64,500, aiming above 67,000 for a target of 68,500
  
  Sell at 68,000 and 68,500, exit if below 69,000, aiming below 67,000 for a target of 66,000
  
  Ethereum (ETH) latest market analysis
  
  Before press time, Ethereum is priced at 1,940. Liying observes that the current candlestick pattern on the daily chart shows a rapid rebound from a low of 1,825 to 2,051, but with a long upper shadow, indicating some selling pressure above. The 2-hour chart shows a slight correction at higher levels, suggesting potential short-term resistance. The MACD on the daily chart remains in a bearish trend; the 2-hour chart shows potential for a golden cross, but follow-up volume needs to be monitored. The RSI on the daily chart is neutral; on the 2-hour chart, it is approaching overbought levels. The 2-hour EMA provides short-term support but appears weak in the long term. Daily volume shows increased divergence between bulls and bears, and the 2-hour chart indicates increased hesitation, suggesting the market is still in a sideways or slow decline phase.
  
  Trading ideas:
  
  Buy at 1,900 and 1,850, exit if below 1,800, aiming above 2,000 for a target of 2,150
  
  Sell at 2,100 and 2,150, exit if below 2,200, aiming below 2,000 for a target of 1,950
  
  All content is exclusively original by Liying. Please indicate the source when reprinting! Due to delays in article review and publication, and the rapid changes in the market, the above suggestions are for reference only; trade at your own risk. We hope Liying’s insights will be helpful to you!#加密市场小幅下跌
BTC-1,63%
ETH-2,02%
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