5.7BTC/ETH Morning Market Analysis



Bitcoin price reached a high of 82,850 before pulling back for correction, the MACD indicator's DIF crossed below DEA forming a death cross, and the histogram shifted from positive to negative, indicating that bullish momentum is significantly weakening.
· The 4-hour Bollinger Bands are narrowing, with the price falling from the upper band toward the middle band, with the 80,600 level of the middle band serving as a short-term key support. If this level is broken, a retest of the lower band around 78,400 may occur. The 1-hour Bollinger Bands have compressed to 80,918–82,301, with extreme narrowing in volatility indicating an imminent trend reversal.

In terms of strategy, focus on high-probability entries, paying attention to resistance levels for signs of pressure, waiting for stable entry points, referencing around 82,200 for Bitcoin, with a target of 80,000, and for Ethereum, around 2,400, with a target of 2,300.
BTC-0.71%
ETH-2.2%
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