Wave Riding in the Cryptocurrency Sea: 1.14 Latest Market Analysis Reference for Bitcoin (BTC) and Ethereum (ETH) Today, News Interpretation

CN
3 hours ago

**Coin Waves: 1.14 Bitcoin (BTC) Market Analysis Reference:
**

Last night, Bitcoin bulls made a strong push, resulting in a one-sided upward trend. This morning, the price surged directly, touching the 96700 level, breaking through the previous high; it then faced pressure and slightly retreated. As of the time of writing, the price is fluctuating around the 95000 mark. The daily technical indicators for BTC show a clear bullish dominance, with the Bollinger Bands opening upwards, and the short-term EMA moving averages arranged in a bullish pattern and diverging upwards, providing solid support for the price; the KDJ indicator's three lines are in the strong zone above 50, not entering the overbought area, indicating that bullish momentum still has room to release; the MACD indicator's DIF and DEA continue to rise, with the histogram increasing in volume, sustaining bullish momentum; although the EMA120 (97200) is positioned above the price, creating potential pressure, the medium to long-term RSI indicator remains in a neutral to strong zone, showing no significant divergence. The core logic of the overall bullish trend has not fundamentally changed, and the price is expected to rely on moving average support to test the previous high of 96700 and the EMA120 resistance level.

In the 4-hour chart, the Bollinger Bands are opening upwards, but the price shows signs of pulling back to the middle band. The KDJ's three lines have entered the overbought zone and are turning down, indicating a pullback pressure. The MACD histogram has decreased in volume compared to the previous period, and bullish momentum is beginning to weaken. The RSI short-term indicator shows a downturn from overbought, with initial signs of divergence appearing. Overall, while the bullish trend on the 4-hour level has not been completely broken, the demand for a pullback due to overbought conditions is increasing, and the price may first seek support at the EMA15 (93300) and the middle band of the Bollinger Bands. The 1-hour chart shows more obvious short-term bearish characteristics, with the KDJ forming a death cross at a high level and moving downwards, the MACD showing a death cross and the histogram increasing negatively, and the RSI weakening across the board. The price is fluctuating in the upper middle of the Bollinger Bands, with the lower band serving as important short-term support. The short-term pullback is a technical correction within the daily bullish trend. If the 1-hour middle band and the 4-hour EMA15 support levels hold, the price is likely to continue the upward trend after completing the indicator repair.

Coin Waves: 1.14 Bitcoin Short-term Reference:

Long Position: Buy in the 92000-93000 range, stop loss 500 points, target 94000-95000,

Short Position: Sell in the 95500-96500 range, stop loss 500 points, target 94500-93500,

Coin Waves: 1.14 Ethereum Short-term Reference:

Long Position: Buy in the 3155-3205 range, defend at 3055, target 3250-3300,

【The above analysis and strategies are for reference only. Please bear the risks yourself. The article's review and publication may have delays, and the strategies may not be timely. Do not operate blindly】

The content of this article is originally shared by 【Coin Waves】 and represents personal opinions only. The article may have delays in sending and is for reference only. Do not operate blindly! If you want to get more daily real-time trades, follow my public account! Here, you can engage in online technical learning and understand knowledge related to exiting positions. I have years of research experience in the market, focusing on the major trends in the cryptocurrency space. I am mainly responsible for analyzing and guiding investment operations for BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. Welcome to study and learn together.

I hope everyone on their investment journey, regardless of how the market changes, can adhere to their principles, maintain rationality and calmness. Deeply understand the characteristics, risks, and return mechanisms of investment products, and not be swayed by short-term market fluctuations. Be patient, avoid excessive greed and fear, and understand that wealth accumulation is a gradual process. Finally, I wish all my fans the ability to see clearly on their investment journey, seize opportunities, and make every decision just right, sailing through the ocean of investment, reaping wealth and growth!!!

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink