Coin Sea Wave: 4.2 Cryptocurrency Market Bitcoin (BTC), Ethereum (Latest Market Analysis and Insights for Tonight, Reference Only

Coin Sea Wave: 4.2 Bitcoin (BTC) ) Market Analysis Reference:
Bitcoin surged to test the strong resistance zone above but failed to break through effectively. The bullish momentum gradually weakened, and the market quickly entered a consolidation phase. This morning, the price weakened again and retreated, with the previous rally's gains being continuously retraced. From the daily chart perspective, the current price is around 66,500, having broken below the EMA moving averages. The Bollinger Bands are narrowing, and the price is near the lower band. The MACD lines are below the zero axis, with bearish momentum beginning to show, indicating insufficient buying volume for a rebound. The RSI is around 40, indicating a weak state but not yet oversold, so short-term rebound potential is limited. The KDJ J value is about to cross below the KD lines, suggesting short-term bearish momentum is building. Overall, downside risk remains, and it is recommended to maintain short-term trading strategies, entering short positions at high levels while implementing protective measures. Be cautious and wait for lower levels to go long steadily.
From the 4-hour BTC chart, the current price is oscillating around 66,500, with short-term resistance below 67,500. The overall pattern is weak consolidation. The moving averages are in a bearish alignment, with EMA7, EMA15, and other short-term averages clearly suppressing the price from above. The price remains below the moving averages, with EMA120 acting as medium-term resistance, indicating a lack of bullish momentum for an upward reversal. The MACD shows a death cross and downward divergence, with decreasing bullish momentum. RSI and KDJ are both falling into low zones, with slow recovery. Short-term, only minor technical rebounds are possible, but the overall weak resonance of moving averages and indicators makes sustained upward movement unlikely. The market remains dominated by bears, with significant downside risk. Focus on the support at 66,000; if broken, further decline toward 65,000 is expected. Traders should prepare for risk management accordingly.
Coin Sea Wave: 4.2 Short-term BTC Reference:
Long positions: 64,500-65,500, stop loss 500 points, target 66,000-67,500
Short positions: 78,500-77,500, stop loss 500 points, target 66,500-65,500
Coin Sea Wave: 4.2 Ethereum (ETH) ) Market Analysis Reference:
From the 4-hour chart, Ethereum’s Bollinger Bands are opening downward, with the price breaking below the middle band and approaching the lower band, indicating a medium-term downtrend. The MACD shows a death cross, KDJ is deeply oversold, and RSI is dropping rapidly, with bearish momentum continuing to release, confirming clear downward pressure. On the 1-hour chart, the Bollinger Bands are also opening downward, MACD lines are sharply declining with decreasing volume bars, RSI lines are below 40, and KDJ lines are diverging downward with J dropping to 1.22. The oversold condition persists, suggesting a short-term technical rebound is possible, but no reversal signals are present. The two major cycles resonate in a bearish pattern, with Ethereum in a downward channel. Key support levels are at 2000 and the previous low of 1936. Trading should focus on shorting from high levels, with caution for potential breakdown risks.
Coin Sea Wave: 4.2 Short-term ETH Reference:
Short positions: 2,120-2,080, stop loss 30 points, target 2,050-1,980
Long positions: 1,960-2,010, stop loss 30 points, target 2,030-2,090
This content is originally shared by 【Coin Sea Wave】, representing personal opinions only. There may be delays in posting. For reference only. Do not operate blindly! We hope everyone can stick to their principles regardless of market fluctuations, stay rational and calm. Deeply understand the characteristics, risks, and reward mechanisms of investment products, and avoid being swayed by short-term market volatility. Wishing all followers sharp insight, seize opportunities, make precise decisions, and navigate the ocean of investments to harvest wealth and growth!!!)#加密市场行情震荡 #今日你看涨还是看跌？ $BTC ‌$ETH ‌