Crypto Ocean Wave: 4.10 Cryptocurrency Market Bitcoin (BTC), Ethereum (Latest Market Analysis and Insights for Tonight, Reference Only
Crypto Ocean Wave: 4.10 Bitcoin (BTC) ) Market Analysis Reference:
Bitcoin rebounded again last night, attempting to test the upper resistance level; this morning, it surged to around 73,100 but faced resistance and pulled back, then entered a high-level consolidation phase. From a daily chart perspective, the current price is trading between the upper and middle Bollinger Bands, with the upper band exerting clear resistance. In the MACD indicator, DIF and DEA formed a golden cross and continued to rise, with the bars positive and expanding, and RSI staying above 50 in a relatively strong zone, indicating that the bullish momentum still dominates, and the medium-term trend remains strong; however, the KDJ J value is already in the overbought zone, suggesting a short-term correction is needed. Overall, the market is likely to digest the overbought condition through high-level oscillation. Once the indicators recover and stabilize after a pullback, the market may attempt to push higher again.
From a short-term hourly chart perspective, the 4-hour Bollinger Bands are opening upward, with the current price below the upper band, and the middle band at 70,900 serving as a strong short-term support; the EMA moving averages are arranged in a bullish configuration, with short-term EMAs like EMA7, EMA15, and EMA20 all diverging upward, supporting the price to move higher, confirming a medium-term bullish structure. In the MACD indicator, the fast and slow lines have turned downward above the zero line, forming a death cross, and the MACD histogram continues to shrink and turn negative, indicating that bullish momentum is weakening and short-term upward drive is insufficient. The KDJ lines are turning downward from high levels, with J dropping to 43, signaling a short-term correction; RSI remains above 60, with bullish strength still present but noticeably weakening. Overall, the Bitcoin 4-hour medium-term bullish trend is not fully broken, with the upper Bollinger Band acting as a strong resistance zone. However, the MACD death cross and KDJ turning signals suggest a high probability of consolidation in the short term, followed by a correction. The first support below is near the EMA20 middle Bollinger Band (70,900), with a strong support at the 70,000 level. If the price pulls back and stabilizes, there is room for a rebound. It is not recommended to chase high blindly; lower positions for long entries are safer.
Crypto Ocean Wave: 4.10 Bitcoin Short-term Reference:
Long positions: Buy in the 70,000-71,000 range, stop loss 500 points, target 71,500-72,500,
Short positions: Short in the 73,500-72,500 range, stop loss 500 points, target 72,000-71,000,
Crypto Ocean Wave: 4.10 Ethereum (ETH) ) Market Analysis Reference:
Ethereum’s 4-hour Bollinger Bands show an upward trend, with the price trading above the middle band, and strong resistance near the upper band. MACD lines continue downward with decreasing bearish momentum. The KDJ lines are rebounding from lows and showing signs of flattening, RSI lines are stable between 50-60, indicating a slowdown in the mid-term correction pace, with a continued high-level oscillation pattern. The 1-hour Bollinger Bands are flat, with the price oscillating narrowly around the middle band. MACD lines near the zero line form a golden cross, with histogram turning positive and slightly expanding, indicating some recovery in short-term bullish momentum. The KDJ lines are sharply turning upward, with J breaking above 100 into overbought territory, and RSI rising in tandem, suggesting sufficient short-term rebound momentum but also a potential correction after overbought conditions. Overall, Ethereum’s mid-term correction pressure has not fully eased, but short-term rebound momentum has begun to activate. It is recommended to adopt a range trading strategy of selling high and buying low.
Crypto Ocean Wave: 4.10 Ethereum Short-term Reference:
Short positions: Short in the 2,285-2,235 range, stop loss 30 points, target 2,200-2,150,
Long positions: Long in the 2,145-2,195 range, stop loss 30 points, target 2,200-2,250,
This content is originally shared by 【Crypto Ocean Wave】, representing personal views only. The article may have delays in dissemination and is for reference only. Do not operate blindly! Hope everyone can adhere to their principles on the investment journey, stay rational and calm regardless of market fluctuations. )#美伊停火协议谈判再生变故 #美FDIC发布机构发行稳定币指南草案 $BTC
