1-19 Monday Night BTC Short-term Market Analysis#BTC #ETH
During the midday session, BTC relied on market buying support to oscillate upward, with the price briefly surging to around $93,300, a key resistance level. Subsequently, influenced by short-term profit-taking, it slightly retreated and is now fluctuating narrowly around the $92,800 range, with bulls and bears entering a stalemate.
The technical indicators show clear cyclical divergence signals:
4-hour timeframe: The Bollinger Bands are opening and continuously diverging downward, the MACD fast line is gradually crossing below the slow line, and the bullish momentum bars are shrinking, indicating an ongoing bearish trend; however, the KDJ lines have completed a low-level turn upward, suggesting a technical rebound is likely.
1-hour timeframe: The Bollinger Bands are opening downward but showing signs of narrowing, the MACD histogram has shifted from green to red and continues to increase, indicating rapid accumulation of bullish momentum; the KDJ lines are also diverging upward, confirming a short-term rebound trend.
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1-19 Monday Night BTC Short-term Market Analysis#BTC #ETH
During the midday session, BTC relied on market buying support to oscillate upward, with the price briefly surging to around $93,300, a key resistance level. Subsequently, influenced by short-term profit-taking, it slightly retreated and is now fluctuating narrowly around the $92,800 range, with bulls and bears entering a stalemate.
The technical indicators show clear cyclical divergence signals:
4-hour timeframe: The Bollinger Bands are opening and continuously diverging downward, the MACD fast line is gradually crossing below the slow line, and the bullish momentum bars are shrinking, indicating an ongoing bearish trend; however, the KDJ lines have completed a low-level turn upward, suggesting a technical rebound is likely.
1-hour timeframe: The Bollinger Bands are opening downward but showing signs of narrowing, the MACD histogram has shifted from green to red and continues to increase, indicating rapid accumulation of bullish momentum; the KDJ lines are also diverging upward, confirming a short-term rebound trend.
Trading suggestion: Buy in batches around 92,500-92,800, with targets near 94,000-95,000#欧美关税风波冲击市场 #加密市场回调 #GateLaunchpadIMU