BTC Morning Spot Analysis: Bullish Structure Remains Steady, Breakout Expected After Consolidation



BTC Spot Analysis

- Core Viewpoint: Standing firm above all moving averages with a bullish alignment, MACD golden cross combined with increased volume indicates a breakout. Although there is short-term overboughtness, it does not alter the medium-term strength, and a rally after consolidation is highly probable.

- Entry Suggestion: Watch for a rebound and stabilization around the 88,300-87,500 range before gradually adding long positions.

- Take Profit Targets: First target at 89,400, second target at 90,600.

ETH Spot Analysis

- Core Viewpoint: Moving averages are in a bullish trend supported by volume. Despite short-term overbought signals, there is no concern, and the medium-term upward trend is clear.

- Entry Suggestion: Pay attention to stabilization around the 2,980-2,960 range before gradually adding long positions.

- Take Profit Targets: First target at 3,035, second target at 3,085.
BTC1,97%
ETH4,44%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt