$BTC $ETH Bitcoin and Ethereum intraday analysis:Maintaining a bullish bias with low entries as the main strategy. Following yesterday's pullback, the support level below remains evident. Multiple downside probes have failed to create effective breakdowns, indicating that funds are continuously accumulating at lower levels, and market sentiment is gradually shifting from panic to recovery. In short-term structure, lower highs are continuously rising, with overall momentum leaning toward range-bound uptrend.
From a technical perspective, the short-term MA30 is starting to flatten with signs of turning upward. Price repeatedly bounces near the moving average and is quickly pulled up, suggesting the moving average has gradually shifted from resistance to support. The BOLL middle band is being repeatedly contested around its level. Once stabilized, the mid-to-upper band still has further upside potential.
Bitcoin: Bullish near 70300 Target: 71300-72500
Ethereum: Bullish near 2070 Target: 2100-2150
Current market conditions remain in a range-bound recovery phase. Position management is still the top priority. Avoid heavy positions chasing gains, strictly maintain stop-losses, and follow the trend accordingly.
$BTC $ETH Bitcoin and Ethereum intraday analysis:Maintaining a bullish bias with low entries as the main strategy. Following yesterday's pullback, the support level below remains evident. Multiple downside probes have failed to create effective breakdowns, indicating that funds are continuously accumulating at lower levels, and market sentiment is gradually shifting from panic to recovery. In short-term structure, lower highs are continuously rising, with overall momentum leaning toward range-bound uptrend.
From a technical perspective, the short-term MA30 is starting to flatten with signs of turning upward. Price repeatedly bounces near the moving average and is quickly pulled up, suggesting the moving average has gradually shifted from resistance to support. The BOLL middle band is being repeatedly contested around its level. Once stabilized, the mid-to-upper band still has further upside potential.
Bitcoin: Bullish near 70300
Target: 71300-72500
Ethereum: Bullish near 2070
Target: 2100-2150
Current market conditions remain in a range-bound recovery phase. Position management is still the top priority. Avoid heavy positions chasing gains, strictly maintain stop-losses, and follow the trend accordingly.