ETH/BTC Fibonacci + Bollinger Band Resonance Analysis


#ETH [Super Topic]#
Wave: 2422.52→2233.00 Downtrend, current price 2267-2270, at the 100% retracement level + Bollinger lower band convergence support zone.

Indicators: MACD bearish momentum fading, RSI/KDJ mildly above neutral, declining volume on the drop, weakening selling pressure.

Probability: Support rebound probability about 65%, targets at 2281 (78.6%) / 2300 (50%); if it breaks below 2240 (138.2%), then look below 2220, with probability about 35%.

#BTC行情[超话] #

Wave: 78713.8→82828.7 Uptrend, current price 80700-80800, standing above the Bollinger middle band, near the 161.8% extension level.

Indicators: MACD bullish momentum strengthening, volume gently increasing, no overbought signals, with sufficient push-up momentum.

Probability: Probability of continuation of the upward move about 70%, targets at 81436 (Bollinger upper band) / 82116 (261.8%); if it breaks below 80700, then expect a retest at 79847 (100%), with probability about 30%.

Intermarket (Correlation) Conclusion

BTC is relatively strong above the middle band; support rebound and repair is expected in the ETH support zone. Prioritize ETH dip-buying opportunities; switch direction only after key levels are broken.#币圈 #Gate广场五月交易分享
ETH-2.1%
BTC-1.69%
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GateUser-6cde1230
· 3h ago
I don't want to play anymore, it's not fun, no matter how much you invest, it's just giving to the exchange, the market makers won't let you make money, you enter and you're bound to lose, if you don't sell, it keeps falling; if you sell, it rises back to where you sold, and keeps waiting for you to fall into the trap. No matter how much money you have, in the end, you're still harvested by the exchange.
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