Hai Ocean Waves: 1.25 Cryptocurrency Market Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis and Insights Today

Hai Ocean Waves: 1.25 Bitcoin (BTC) Market Analysis Reference:
Bitcoin continues its weak consolidation over the weekend, maintaining a narrow fluctuation trend overall. Compared to this morning’s slight price dip, as of the time of writing, the price is trading around 88,500. From the daily chart, the middle and lower bands of the Bollinger Bands are still diverging downward. The current price is above the lower band, with signs of resistance building above; the KDJ indicator’s three lines are at low levels, with the J line approaching oversold but not turning upward. Although there is a short-term rebound demand, it lacks momentum support; the MACD DIF line remains below the DEA line, and the MACD histogram continues to expand in negative territory, indicating that the bearish force still dominates; the RSI is in a neutral to weak zone, with downward space not fully exhausted. Overall, the market is in a weak consolidation phase, likely to continue oscillating downward. If it cannot break through the middle Bollinger Band, close attention should be paid to the support at 86,700.
From the short-term hourly chart, on the 4-hour chart, the EMA moving averages are in a bearish arrangement. The short-term EMA)15( continues to run below the medium and long-term EMA)30( and EMA)120(, with prices consistently under pressure from the moving averages, reflecting a persistent short-term weakness; the KDJ lines are at low levels, with the J line approaching oversold thresholds and slightly turning upward. Short-term technical rebounds are expected to increase slightly, but the MACD histogram is gradually shrinking, and the fast and slow lines are still below zero, showing signs of a death cross, with downward risk not fully released; on the 1-hour chart, Bollinger Bands are in an opening state, with prices near the lower band. The KDJ lines are also at low levels, with the J line showing a slight upward turn. The MACD histogram remains expanding, but RSI has rebounded from oversold levels. Although there is a weak stabilization attempt, the bearish force has not fully dissipated. Overall, BTC is currently in a short- to medium-term weak phase, consolidating after a bottoming out. If it cannot hold above the resonance pressure levels of the 4-hour Bollinger middle band (89,400) and the 1-hour Bollinger middle band (89,000), it is likely to further test previous lows.
Hai Ocean Waves: 1.25 Bitcoin Short-term Reference:
Short Sell: Short in the 89,500-90,500 range, add protection at 92,000, target below 89,000.
Long: Long in the 86,500-87,500 range, stop loss 500 points, target above 88,500.
Hai Ocean Waves: 1.25 Ethereum Short-term Reference:
Short Sell: Short in the 2,985-3,035 range, stop loss 30 points, target 2,950-2,900.
Long: Long in the 2,845-2,895 range, stop loss 30 points, target 2,950-3,000.
This content is originally shared by 【Hai Ocean Waves】, representing personal views only. There may be delays in article delivery. For reference only, do not operate blindly! Hope everyone can stick to their principles regardless of market fluctuations, stay rational and calm. Deeply understand the characteristics, risks, and reward mechanisms of investment products, and avoid being swayed by short-term market volatility. Wishing fans and friends to have keen insight, seize opportunities, make perfectly timed decisions, and ride the waves in the ocean of investment to harvest wealth and growth!!!)#BTC