Coin Sea Wave: 4.1 Cryptocurrency Market Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis and Insights for Tonight


Coin Sea Wave: 4.1 Bitcoin (BTC) Market Analysis Reference:
Bitcoin retraced yesterday, stabilized at support levels in the evening, then started a rebound attack. The market oscillated upward, testing the strong resistance area above. The intraday high touched the 69,300 level before facing resistance and pulling back. As of the time of writing, the price is around 68,700. From the daily chart perspective, Bitcoin's daily K lines are continuously bullish, with the price currently below the middle band of the Bollinger Bands, indicating a consolidation phase; the MACD indicator's fast and slow lines are below zero but the histogram is gradually shrinking, showing that bearish selling pressure is significantly weakening, and bullish momentum is beginning to accumulate; the RSI has risen to around 50 in the neutral-strong zone, moving out of oversold territory with an upward curve, indicating market sentiment shifting from weak to strong; the KDJ lines are diverging upward, with the J value breaking above 50, suggesting sufficient short-term rebound momentum. Overall, in the short term, BTC is mainly rebounding from oversold levels and repairing oscillations, with key resistance around 69,500–70,000. If it cannot break through the middle Bollinger Band and resistance area with volume, the market may revert to range-bound oscillation. It is recommended to buy low and sell high within the range, and follow the trend after a breakout or breakdown.
From the short-term hourly chart, the 4-hour moving average system shows a short-term bullish turning point, with EMA)7( and EMA)15( short-term moving averages crossing above medium and long-term averages, supporting upward oscillation; the Bollinger Bands indicate the price is operating above the middle band, with the upper band acting as short-term resistance and the lower band providing strong support. The Bollinger channel is narrowing and then opening upward, with volatility gradually increasing; the MACD's fast and slow lines are diverging upward with continued volume expansion; RSI has risen to a neutral-strong zone but is slightly turning downward; the KDJ lines are diverging upward and breaking above 50, maintaining a complete bullish structure with some upward pressure building. Future focus should be on breaking the upper Bollinger Band and the resistance near 69,310. If it fails to break and falls below 68,000 support, attention should be paid to the support strength between 67,000–66,000. Operation-wise, it is advised to buy on dips at support levels and take light short positions near the upper resistance.
Coin Sea Wave: 4.1 Short-term BTC Reference:
Long positions: buy in the 66,300–67,300 range, stop loss 500 points, targets at 67,500–68,500–69,500.
Short positions: sell in the 70,300–69,300 range, stop loss 500 points, targets at 68,500–67,500–66,500.
Coin Sea Wave: 4.1 Ethereum (ETH) Market Analysis Reference:
Looking at the 4-hour chart, ETH price is operating near the upper middle of the Bollinger Bands, with the Bollinger track showing signs of opening and the middle band trending upward, establishing a short-term bullish trend; the MACD double lines are above zero with a golden cross, and volume bars are expanding, indicating bullish momentum remains dominant; RSI and KDJ are both in overbought zones, suggesting short-term upward momentum is waning and a correction may be needed. The 1-hour chart further confirms short-term resistance, with the price approaching the upper Bollinger Band and then slightly pulling back. The MACD histogram is shrinking, and the KDJ shows a dead cross at high levels, indicating short-term bullish strength is weakening. Overall, ETH faces strong resistance in the 2150–2200 range. Bulls need volume to break through to open upward space; otherwise, it is likely to enter a high-level oscillation and retest support at 2100–2080. If indicators continue to weaken, caution is advised for a phase correction. It is recommended not to chase longs blindly and wait for a breakout before entering.
Coin Sea Wave: 4.1 Short-term ETH Reference:
Short positions: sell in the 2,200–2,150 range, stop loss 30 points, targets at 2,120–2,080.
Long positions: buy in the 2,060–2,090 range, stop loss 30 points, targets at 2,130–2,180.
This content is originally shared by 【Coin Sea Wave】, representing personal opinions only. There may be delays in posting. For reference only. Do not operate blindly! Hope everyone can stick to their principles regardless of market fluctuations, stay rational and calm. ))#四月行情预测 #加密市场普遍上涨 #今日你看涨还是看跌?
BTC2,94%
ETH3,93%
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