Price surged to 2385.78 then faced resistance at the upper Bollinger Band, closing with a high-position stagnation K-line, with bull momentum clearly weakening. The MA7 and MA30 divergence rate is excessive, with short-term moving average turning signals appearing, and strong demand for technical correction. The middle Bollinger Band below serves as key support.
Short-term profit-taking sentiment warming, high-position trading volume gradually shrinking, clear signs of capital outflow, insufficient bull follow-through.
The market has entered a phase of cyclical pullback, short-term bearish pattern clear, focus on the 2300-2308 support band, if breached will explore further to around 2274.
Operation Suggestion: Short 2380-2410, target 2300-2200.$BTC $GT
ETH Analysis
Price surged to 2385.78 then faced resistance at the upper Bollinger Band, closing with a high-position stagnation K-line, with bull momentum clearly weakening. The MA7 and MA30 divergence rate is excessive, with short-term moving average turning signals appearing, and strong demand for technical correction. The middle Bollinger Band below serves as key support.
Short-term profit-taking sentiment warming, high-position trading volume gradually shrinking, clear signs of capital outflow, insufficient bull follow-through.
Fed rate-cut expectations pushed back, USD index strengthened, market risk appetite declined, overall crypto market sentiment cautious, further suppressing rebound space.
The market has entered a phase of cyclical pullback, short-term bearish pattern clear, focus on the 2300-2308 support band, if breached will explore further to around 2274.
Operation Suggestion: Short 2380-2410, target 2300-2200.$BTC $GT