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Bitcoin Midday Market Analysis: On the daily chart, the current price is in the second stage of a retracement wedge consolidation zone, with the major downtrend line still maintaining a bearish structure. Currently at a critical directional inflection point following the retracement.
Key Support Levels: 68080 (strong support at the lower edge of the pattern), 66030 (previous low support);
Key Resistance Levels: 70900-71300 (resistance at the upper edge of the pattern, also coinciding with the bearish trendline resistance).
From a technical indicators perspective, MACD has formed a death cross above the zero line with green bars continuing to expand, indicating a clear weakening of bullish momentum; the KDJ indicator is diverging downward from elevated levels, intensifying near-term pullback pressure. If price breaks below 68080, it will further explore 66030; if it effectively breaks above 71300, it will confirm continuation of the retracement trend.
Ethereum (ETH) Today's Market Analysis: On the daily chart, the current price is at the end of an ascending wedge consolidation, having completed the 4th wave pullback, awaiting the launch of the 5th wave upswing.
Key Support Levels: 2030 (strong support at the lower edge of the wedge), 2000 (previous low);
Key Resistance Levels: 2210 (resistance at the upper edge of the wedge), 2470 (5th wave target).
From a technical indicators perspective, MACD has formed a golden cross above the zero line with red bars showing moderate expansion, bullish momentum remains intact; as long as the pullback doesn't break below the 2030-2000 zone, it will launch the 5th wave upswing to 2210. If 2210 is broken, further upside targets 2470; if it breaks below 2030, the pattern fails and pullback magnitude will increase.
Trading Recommendations: Big Coin (BTC) - take long positions on dips near the 68200-68800 zone, with stop loss defense at 67900. First target at 70400-70900 area, if broken then target 71500-72000 area. If it encounters resistance and fails to break, consider shorting.