#密码资产动态追踪 Market Observation｜Bitcoin and Ethereum Technical Analysis and Short-term Trading Guidelines

The recent market has been oscillating at high levels over the past couple of days. Many friends are asking how to grasp the rhythm. Let's first clarify the technical aspects.

On Bitcoin, the daily chart touched the MA60 yesterday and rebounded. The key resistance now is at 9.45. Whether it can break through and stabilize will determine the short-term upside potential. Looking downward, the 4-hour support is at 9.17 (MA30), and the 1-hour bottom also points to 9.17 (MA120). These two levels coincide highly, indicating that the support is relatively solid. If the price retraces to this zone without breaking below, a long entry signal appears.

Ethereum's situation is slightly different. The daily chart is approaching the MA256 at around 3350. If an opportunity arises here, consider shorting for a bounce. Support levels downward are at 3250 on the 4-hour (MA10) and 3210 on the 1-hour (MA60). The intraday fluctuation range is roughly between 3200 and 3350. Trade according to whichever line is closer, with a straightforward logic.

**Midday Trading Suggestions** (Recorded at 14:30):

$BTC: Consider going long at 9.2, and add to the position if it retraces to 9.1. The initial target is 9.3 to 9.4. If there is resistance at 9.35 to 9.45 above, consider a light short position, expecting a pullback of 1000 to 2000 points.

$ETH: Enter long at 3220, and add more if it drops to 3170. Targets are 3280 to 3330. If it surges to around 3350 or 3400 and encounters resistance, try a small short position, expecting a pullback of 60 to 100 points.

The analysis approach is updated and optimized daily. Feel free to share your views below, and I will respond to any questions.