10.4 BTC/ETH Latest Analysis


Bollinger Bands: Bitcoin is holding steady above the middle band, with strong support at the midline. The upper band continues to rise and the opening is upward, showing bullish momentum remains strong!
On the MACD, the short-term death cross is merely a technical pullback. Both DIF and DEA remain above the zero axis, indicating the bullish foundation is still intact.

On the 1-hour timeframe, Bitcoin’s short-term pullback is a healthy correction within the uptrend. The support at the middle Bollinger band remains unbroken, suggesting the uptrend is likely to continue and may challenge the 100,000 mark in the future.

BTC: Buy around 92,000-92,550, target 93,100-93,800, if broken look for 95,000.

ETH: Buy around 3,100-3,140, target 3,170-3,200, if broken look for 3,300.
BTC-1.89%
ETH-1.64%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)