Li Ying Chat Currency: 8.1 Bitcoin (BTC) and Ethereum (ETH) Latest Market Analysis

Currently, Bitcoin is at 63000, and the price has been fluctuating downwards. Now stuck at the 63000 level, many friends are anxious: is this a golden pit or a bottomless hole? The current market looks like a spring that is accumulating energy. Although it seems to be continuously dropping in the short term, if you extend the time frame, the overall trend has not completely deteriorated; the moving averages indicate a clear bearish arrangement. The range of 64000-64500 above constitutes heavy resistance from trapped positions. The MACD indicator's DIF and DEA double lines are pointed downwards, meaning the bearish momentum still dominates the market, and no clear bottom divergence structure has appeared. There will be a technical demand for a rebound in the Bollinger Bands. As long as the lower Bollinger Band is not effectively broken, there is a possibility of an oversold rebound, but the overall trend remains weak, so caution is needed against the risk of a continued decline.

Short-term Strategy Reference:

Long position target 63000-62500, stop loss at 62000, target 64500 aiming for 65000

Short position target 65000-65500, stop loss at 66000, target 64500 aiming for 63500

Ethereum

Currently, Ethereum is priced at 1874, and this trend is quite grinding. Earlier, it was hard to push to a high point of 1982, but it couldn't hold and fell back down. The moving averages EMA7, EMA30, and EMA120 are nearly fused together, indicating that the short-term and medium-term cost is similar, and the market lacks a clear direction. Both the MACD indicator's DIF and DEA are negative, indicating that the bears still hold some advantage. The price is hovering around the mid-band 1903, while the lower band 1863 is currently the floor. If this floor is broken, it may open up new downward space; only if it can hold the mid-band, there will be a chance to challenge the upper band 1942.

Short-term Position Reference

Long position target 1870, defense at 1830, stop loss at 1800, target 1960 aiming for 2000

Short position target 1980, defense at 2010, stop loss at 2040, target 1920 aiming for 1890

The above content is exclusively original from Li Ying, please indicate the source when reprinting! The review of article publication has a delay, and the market changes rapidly; the above suggestions are for reference only, and risks are borne by the individual.

Warm reminder: The above content is solely created by the author on Weibo; the advertisements at the end of the article and in the comments section are unrelated to the author, please discern carefully, thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。