Liying Chat Currency: 9.3 Bitcoin (BTC) and Ethereum (ETH) Latest Market Analysis

　　Family! The current price of Bitcoin is 76800, clearly entering a resting period. This is like a person needing to drink water and catch their breath after running a marathon; the current fluctuation is digesting the previous profits. The technical aspect is in a typical convergence pattern with pressure above and support below. The moving averages have formed a short-term dead cross, indicating that the short-term bearish forces are dominant, and the price is facing significant resistance above 77000. The MACD indicator shows that the dual lines are operating below the zero axis, indicating that the downward momentum is weakening, but a golden cross has not yet formed, meaning that the reversal signal is unconfirmed. Regarding the Bollinger Bands, the opening is contracting, and after the price closely follows the lower track, it attempts to return to the middle track at 77634, which is usually a precursor to a change in market direction. Overall, the market is waiting for a directional choice, and the current sideways movement is charging up.

　　Short-term trading strategy reference:

　　Going long at 76000-75500, stop loss 500 points, target 77500 aiming for 78500

　　Going short at 77500-78000, stop loss 500 points, target 77000 aiming for 76500

　　Ethereum

　　Family, the current price of Ethereum is 2390, it has slid down again, now like a deflated ball, hovering near the moving averages. The current market situation is tasteless and regrettable to discard; the technical EMA moving average system is beginning to weaken, the price has already fallen below EMA7 and EMA30, and is currently suppressed below the short-term moving averages, indicating that the short-term bearish forces are dominant. The MACD indicator’s DIF and DEA dual lines are diverging downwards, meaning that the downward momentum has not fully released yet. Regarding the Bollinger Bands, the price has already touched the lower track near 2364, which will provide some support, but the middle track at 2427 has become a strong resistance level. Overall, the indicators resonate bearish, but approaching the lower track may see a slight rebound; however, the larger trend is temporarily downward.

　　Short-term point reference:

　　Going long at 2360, defense at 2350, stop loss 40 points, target 2390 aiming for 2400

　　Going short at 2410, defense at 2420, stop loss 40 points, target 2360 aiming for 2340

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