Wednesday Night BTC, ETH Strategy Analysis



After Bitcoin broke below the two-day ascending wedge pattern, the 4-hour chart shows a clear accelerated downtrend. Currently, it’s oscillating around 102,000. The medium to long-term outlook remains bearish.

On the 4-hour MACD histogram, the bearish momentum continues to be negative and is gradually increasing, indicating that the selling pressure is still active. There are no signs of volume decreasing or a trend reversal yet.

Trading Recommendations:
- Bitcoin (BTC): Pullback to the 102,500–103,200 range. Target below 101,000 is 98,500.
- Ethereum (ETH): Pullback to the 3,320–3,360 range. Target below 3,280 is 3,050.
BTC2,92%
ETH2,89%
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