Looking at this wave of market activity, key assets have already firmly stabilized above all major moving averages. The moving average alignment is particularly clear, indicating a definite bullish pattern, with a solid structure and strong upward momentum. The MACD has been maintaining a golden cross, coinciding with a breakthrough of a key resistance level, and combined with increased trading volume, forming a good resonance.



That said, the RSI and Bollinger Bands do show some short-term overbought signals, but the medium-term technical outlook remains quite strong. The trading volume has also effectively increased, providing a solid foundation for this upward trend. After a short-term correction, there’s potential for continued upward movement.

Specifically:

For Bitcoin, the support zone is between 88,300-87,500, with targets at 89,300-90,500 above.

For Ethereum, support is around 2,980-2,940, with upward targets at 3,030-3,120.
BTC1.46%
ETH1.57%
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AirdropHunterZhangvip
· 4h ago
The moving average arrangement is so clear, it really makes me drool. I'm just worried it might be a false alarm again. Before going all-in, you should ask yourself: is this a real breakout or just the prelude to a rug pull? You're willing to rush in even when RSI is overbought? Okay, I'm a zeroing-out player and won't join in. I'm optimistic, but I'm still watching and waiting for a correction before making a move. Anyway, missing out isn't the first time. This technical analysis is impressive, but I'm afraid a sudden negative news event could ruin everything.
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CryptoTarotReadervip
· 4h ago
This wave really can't hold up anymore, another round of overbought signals... let's wait for the correction, the short-term risk is still quite high.
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MissingSatsvip
· 4h ago
This wave of resonance is really extraordinary; the trading volume is cooperating so perfectly. What to do about the short-term overbought condition? Still depends on whether it can hold steady. What are the chances of Bitcoin breaking down here? If 88300 can't hold, it will be awkward. If Ethereum directly hits 3120, it would be a huge celebration, but it feels uncertain. The moving averages are so clear, but that doesn't necessarily mean anything; the last two times were the same... Too many people are optimistic, which actually makes me a bit worried. How to say... After a correction, I would feel more at ease to push again. Right now, it feels a bit虚.
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PrivacyMaximalistvip
· 5h ago
Hmm, this move does have some substance, but I'm worried about a deep V-shaped correction in the short term. Wait, can the support at 88300 really hold? It still depends on how the trading volume cooperates; otherwise, it's all for nothing.
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RugPullAlarmvip
· 5h ago
Hmm... It's the same spiel again, moving averages look good, trading volume is increasing, technical indicators are strong—sounds perfect every time, huh? What really matters is the flow of chips from large on-chain holders, not the candlestick patterns. Whether the 88,300 support is genuine or just manipulated by the whales depends on the concentration of funds.
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