BTC is in a 4-hour bullish rally cycle, running above the EMA7 moving average, with a "higher low + higher high" ascending structure. The 4-hour MACD golden cross continued, the red column was amplified, the RSI rebounded from the oversold range to around 50, and the bulls accumulated momentum and there is still room for upside; 88000 translates into strong support, 93000 is the key resistance, a break will open the medium-term upside, and a technical retracement is possible if it is not broken. ETH follows the bullish trend synchronously, with the same rhythm as BTC.
Operation suggestion: BTC entry: Long in the range of 90500-91000, target around 92000-92800.
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.
Analysis of BTC/ETH market on Wednesday afternoon
BTC is in a 4-hour bullish rally cycle, running above the EMA7 moving average, with a "higher low + higher high" ascending structure. The 4-hour MACD golden cross continued, the red column was amplified, the RSI rebounded from the oversold range to around 50, and the bulls accumulated momentum and there is still room for upside; 88000 translates into strong support, 93000 is the key resistance, a break will open the medium-term upside, and a technical retracement is possible if it is not broken. ETH follows the bullish trend synchronously, with the same rhythm as BTC.
Operation suggestion: BTC entry: Long in the range of 90500-91000, target around 92000-92800.
Long ETH in the range of 2970-3000, with a target around 3050-3110.
#成长值抽奖赢iPhone17和周边 #十二月降息预测 #反弹币种推荐