Thursday Afternoon Market Analysis


Yesterday, BTC experienced a slight increase, meeting expectations. In the morning, Trump’s speech caused a short-term rapid pullback. The main trend remains bearish. Currently, the 4-hour chart shows consolidation, with the short-term upward channel slightly broken. The downward momentum has not weakened; wait for volume to decrease before re-entering long positions. The daily chart remains in a range-bound oscillation, with the MACD losing downward momentum and showing signs of a rebound. The oscillation range is between 65,000 and 70,000; look for trading opportunities within this range.
ETH followed BTC’s upward movement, then retraced in the morning. The 4-hour MACD momentum is still not clear, with no definitive signals. Await consolidation. The daily chart remains in a sideways pattern, with weakening downward momentum. Pay attention to BTC’s trend changes and consider re-evaluating after stabilization.
BTC trading strategy: buy long around 66,300-65,500, take profit at 67,800-69,000, stop loss at 64,700
ETH trading strategy: buy long around 2,050-2,000, take profit at 2,080-2,130, stop loss at 1,980-1,928,374,656,574,839,201$ETH
BTC0.77%
ETH0.71%
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