Here's the conclusion: Bitcoin and Ethereum have already reached the end of their upward trend, and there will be a major crash next week, with Bitcoin dropping at least 10,000 points.


First point: Bitcoin's recent rally has been very tumultuous, specifically reflected in:
1. The MACD green and red bars alternating too frequently, indicating fierce battles between bulls and bears.
2. Frequent sharp rises and falls; on the 4-hour chart, the candlesticks show a roughly 55/45 split, which is impossible in a strong upward trend.
3. Breakouts are very common; the EMA30 moving average is the lifeline, and during this rally, the 4-hour retracements have almost always broken the moving average, showing that the bulls lack the ability to sustain the price.
Second point: Liquidity over the weekend is too weak; even with Trump's attack, the market shows no significant movement. The 4-hour MACD directly retraces toward the zero line, and pushing above 78K and 82K are all resistance levels, inevitably leading to 4-hour divergence. According to structural theory, Bitcoin can only have one upward move at most; even from the 30-minute cycle, this rally will end once Bitcoin reaches 78,400.
Third point: The ultimate resistance level is the confluence of the middle band of the Bollinger Bands on the weekly chart and the EMA20, which is currently at 78K. The longer it hovers there, the more dangerous the bulls become.
Based on the above market analysis: it is recommended to start building some long-term short positions from the left side at 78,400; if divergence appears around 82,400, add to the position. Next month, it is highly likely to see 56,700.
Ethereum's trend is significantly weaker than Bitcoin's. Over the past two weeks, every time it hits the weekly EMA20 and the middle Bollinger Band, it immediately retraces. 2,458 has become Ethereum's absolute forbidden zone. Last week, Bitcoin hit a two-month high, but Ethereum, being a follower, can't even keep up now. Long-term short positions can be initiated at 2,410, and if it breaks through 2,465, exit immediately.
Conclusion: Bitcoin and Ethereum are overvalued; look for divergence at the top and key K-line entries. Next week, witness the bulls and bears flying in the air!
BTC0,97%
ETH1,64%
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