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#数字资产市场动态 Market Observation | Short-term Trend Analysis of Bitcoin and Ethereum
The recent crypto market continues to test several key support levels. Let’s take a look at today’s technical analysis:
【$BTC Trend Analysis】
Bitcoin remains below the MA30 moving average on the daily chart, indicating a short-term bearish trend. The most critical resistance level is at 8.95—without a break above it, the rebound potential is limited. On the 1-hour chart, the 8.75 level is very important; if it can hold steady here, there’s a chance to test 9.1 upwards. Conversely, if it fails to hold, support at 8.5 should be watched.
【$ETH Trend Analysis】
Ethereum’s situation is similar. Both the daily and 4-hour charts are watching the 3030 resistance level, which is a critical choke point. If prices approach this level again, consider shorting at the resistance. On a more detailed 1-hour level, the MA256 moving average around 2960 is a key resistance zone.
【Midday Trading Suggestions】 (Time: 13:10)
- $BTC: Buy low and sell high within the 8.7-8.83 range; if there’s no clear direction in the short term, trade within the range.
- $ETH: Similar approach, repeatedly testing the 2900-2980 range, suitable for range trading.
- $SOL: Continue to monitor the linkage with other mainstream coins.
Technical analysis emphasizes precise support and resistance levels. This system has a relatively stable win rate. If you have questions, feel free to discuss below, and let’s analyze the market together.