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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Tuesday evening BTC ETH operation analysis:
The idea we provided during the day, 108500, was reached in the morning, then it fell back to around 107500, and it encountered resistance again at 108500!
From the MACD indicator perspective, the double lines are currently still operating above the zero axis, indicating that the overall pattern has not yet deviated from the bullish trend framework. However, the slope of the double lines has clearly narrowed, and there is a trend toward forming a death cross—this signal implies that the bullish momentum is marginally weakening, and the bearish force may enter a phase of consolidation.
The key level for BTC can continue to lay out short positions in the range of 109200-110000, with a target that can be seen in the vicinity of 107800-106800.
The key resistance level for the concubine can continue to lay out short positions in the range of 2600-2650.
The target can be seen around the range of 2510-2470.