1. ETH 1-Hour Market Analysis



Price has risen from 2278 all the way up to the 2398 high point, currently trading above the upper band of the Bollinger Bands, in a short-term strong upward trend followed by a high-level pullback.

The MACD indicator's red bars have turned green, indicating that the upward momentum is weakening, and bearish momentum is beginning to emerge.

BTC 1-Hour Market Analysis: The current price is below the upper band of the Bollinger Bands, in a high-level consolidation pullback after a strong rally.

The MACD's red bars continue to shorten, showing that the bullish momentum has significantly weakened. The KDJ has turned downward, forming a death cross at a high level, clearly signaling a short-term pullback.

2. Trading Strategy

Buy on dips around 79,400~79,000 for Bitcoin, with a target of 81,500.

Buy on dips around 2,330~2,355 for Ethereum, with a target of 2,440.
ETH1.62%
BTC2%
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