The latest market trend analysis is freshly released. If you think my content is helpful to you, please like + follow and continue to obtain the latest market trends and in-depth analysis! Bitcoin (BTC) technical analysis of current price and short-term trend latest price: 104924.6 (fire must be sustainable) Recent support level: 103078 Recent strong support: 100700 Recent resistance level: 106804 Recent strong resistance: 110730 Upward break may be tested 115390--117519 Technical indicators MACD: Daily short-term indicators have a dead cross, short-term momentum has increased, and it has remained in the range of 103078-106800 in recent days and is currently in a downward trend. In the past 2 days, it shows that the downward pressure is high. RSI is below 50, indicating that the market is short-term and short-term adjustment is the main daily K-line moving average. The overall long-term structure is still long-term. The trading volume and capital flow: market value and open position contracts have declined, and the volume has not rebounded significantly, indicating that market confidence is weakened [8] The daily moving average system is still in a bullish arrangement as a whole. The medium- and long-term structure has not damaged the structure and outlook. The current strong adjustment is currently at a high level. Retracement and oscillation are normal. As long as the main support of $103,000 has not fallen, the medium-term trend is still bullish. If it falls further, it may fall to $97,850. It is a bull market healthy pullback range. Ethereum (ETH) technical analysis of current price and trend latest price: 2606.45 (fire must last) In recent days, the range fluctuated above 2461 to 2680. The fluctuation is relatively moderate and supports the resistance key support: 2461. Loss is expected to see 2319. Key resistance: 2680 The technical indicators of the range of 2965-3076 can be seen from 18:00 on June 4, and the bar chart turned negative, and the bearish signal first appeared, but there was no extreme decline yet RSI: 23:00 on June 4, the CRSI was 25.89, at a low level, near oversold, and a technical rebound may be brewing in the short term. Market value and open contracts rose first and then fell, indicating that funds are hesitant to enter and exit, and there is no clear direction preference [9] Structure and Outlook ETH is currently stable at the $2,600 line. It is supported by favorable support by ETFs and other institutions. If subsequent capital flows continue to recover, the key resistance is expected to strengthen again after breaking through. If the support is lost, there may be room for adjustment in the short term, but the long term still has structural upward opportunities comprehensive analysis: Bitcoin and Ethereum technology have both correction or consolidation demands in the short term, but the medium- and long term structure has not changed. Before the key support is broken, it still belongs to the regular fluctuations in the bull market, and the corresponding low-dip opportunities are equally important as risk prevention and control. Warm reminder: The above are personal opinions, for reference only, and are not investment advice. Want to get more information and learning materials? Welcome to my Telegram channel. For details, please refer to the homepage introduction #crypto #investment#bitcoin #btc #trading
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.