Bitcoin Market Analysis



Price Trends and Support & Resistance
The current price is consolidating around 84,000, which is a recent equilibrium point between bulls and bears.
Below, 81,437.9 is an important recent support level, where the price previously bottomed out and rebounded.
Above, 85,000 is a clear resistance level, with multiple attempts to break through failing to stabilize.
Moving Average System Signals
The short-term moving average (white) is showing an upward turn, while the long-term moving average (blue) remains flat, indicating that short-term bullish momentum is gradually building, but the medium-term trend is not yet fully clear.
The lower pink moving average continues upward, suggesting that the current rebound from lows has not yet been broken.
Momentum and Pattern
From the candlestick patterns, after a rapid decline, the price has entered a consolidation and recovery phase. The recent red and green candlesticks have small bodies, indicating a temporary stalemate between buyers and sellers.
The dotted indicator in the chart also follows the price upward gradually, reflecting that short-term buying momentum is being mildly released.
Key Observation Points
Breakout Upwards: If the price can volume-break and stabilize above 84,500-85,000, it is likely to open up new upside space.
Pullback Downwards: If it falls below 83,000, it will test the strength of the 81,437.9 support. If this support is broken, the rebound trend may face reversal risk.
📊 Key Price Level Trading Plan
1. Bullish Trigger Conditions

Entry Signal: Price volume-breaks above 84,500 and stabilizes above 85,000.
Stop Loss: Set at 83,800 (lower boundary of the previous consolidation range).
Target Levels: First target at 86,000, second target at 88,000 (previous resistance levels).
2. Bearish Trigger Conditions

Entry Signal: Price effectively breaks below 83,000 and confirms failure of the 81,437.9 support on a pullback.
Stop Loss: Set at 83,500 (upper boundary of the previous consolidation range).
Target Levels: First target at 80,000 round number, second target at the previous low of 79,000.
3. Range-bound Strategy

When the current price consolidates between 83,000 and 84,500, it is recommended to stay on the sidelines or engage in short-term high sell and low buy operations.
High Sell: Sell near 84,500 with a stop loss at 84,800.
Low Buy: Buy near 83,000 with a stop loss at 82,700.
Ethereum Market Analysis:

Trend and Stage
This is a typical medium-term downtrend with a short-term oversold rebound. The price has been declining from around 2860, reaching a low of 2633.66 before stabilizing.
Currently, the price is consolidating around 2700, in a recovery phase after being oversold, but the medium-term downtrend has not been fully reversed.
Moving Average System Signals
Both the long-term (blue) and short-term (white) moving averages are trending downward, indicating that the medium-term bearish force still dominates the market.
The lower pink moving average has flattened after bottoming out, reflecting that after short-term oversold conditions, buying interest has started to enter slightly, but momentum remains weak.
The dotted indicator in the chart also shows a bottoming turn following the price decline, confirming the short-term rebound demand.
Support and Resistance
Key Support: 2633.66 is the recent low and an important defense level for bulls; next is the round number 2680.
Key Resistance: The recent resistance zone is between 2720-2740 (the lower boundary of the previous consolidation platform), with stronger resistance at 2760 (moving average resistance).
Follow-up Key Observation Points
Upward Recovery: If the price volume-breaks above 2740, the rebound space is expected to open, with the next targets at 2760-2780.
Re-testing Lows: If it cannot stabilize above 2700, it may retest the support at 2633.66, or even create new lows.
📊 2700 Level Trading Plan
1. Bullish Trigger Conditions

Entry Signal: Price volume-breaks above 2720 and stabilizes above 2740.
Stop Loss: Set at 2690 (below the 2700 round number).
Target Levels: First target at 2760 (moving average resistance), second target at 2780 (previous platform level).
2. Bearish Trigger Conditions

Entry Signal: Price effectively breaks below 2690 and confirms failure of 2680 support on a pullback.
Stop Loss: Set at 2710 (above the 2700 round number).
Target Levels: First target at 2650 (near previous lows), second target at 2633.66 (historical low).
3. Range-bound Strategy

When the current price consolidates between 2690 and 2720, it is advisable to stay on the sidelines or engage in short-term high sell and low buy operations.
High Sell: Sell near 2720 with a stop loss at 2730.
Low Buy: Buy near 2690 with a stop loss at 2680.
ETH-1,71%
BTC1,27%
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