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BTC ETH Candlestick pattern shows that the recent price is oscillating at a high level, forming multiple long upper wicks, indicating heavy selling pressure in the market. The daily chart shows a clear downtrend, with several consecutive days of closing in the red, and significant fluctuation. Currently, the market is under pressure above and has support below. On the technical indicator front, the 4-hour MACD is in the negative territory, with the fast and slow lines diverging downwards, indicating that short positions are dominant in the short term. However, the current market is approaching the daily chart, having touched the support level multiple times, and as long as it does not break this level, we can look bullish based on the support.
Trading advice for BTC: enter long near 84000-84500, target
Near 86000-86500, go long ETH around 1560 to 1580, with a target near 1640.
Daily strategy analysis is limited, and the market has variability, with specifics based on real-time.
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