【📈Afternoon Market Briefing】BTC and Ether Price Analysis 10.23
🌟BTC's daily chart shows a slight rebound, forming a small bullish candlestick. The MACD on the 4-hour timeframe is narrowing in the negative zone, with the fast and slow lines gradually approaching the zero axis, indicating that the current downward momentum is easing. However, the short-term moving averages EMA7 and EMA30 are crossing, and the price remains under pressure near the EMA30. The EMA120 on the daily chart is still far away, so the overall trend has not yet reversed.
✨Ether's trend is similar, currently in a consolidation phase with some resistance near key levels. Watch for breakout signals.
💡Trading Tips:
· BTC is in the 110,400-111,000 range. Consider a light position to test the waters, with a target around 108,000. · Ether is focused on the 3,900-3,950 zone. If encountering resistance and falling back, pay attention to support near 3,800.
⚠️Reminder: The market changes rapidly. Strategies are for reference only. Stay flexible and adapt accordingly~
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【📈Afternoon Market Briefing】BTC and Ether Price Analysis 10.23
🌟BTC's daily chart shows a slight rebound, forming a small bullish candlestick. The MACD on the 4-hour timeframe is narrowing in the negative zone, with the fast and slow lines gradually approaching the zero axis, indicating that the current downward momentum is easing. However, the short-term moving averages EMA7 and EMA30 are crossing, and the price remains under pressure near the EMA30. The EMA120 on the daily chart is still far away, so the overall trend has not yet reversed.
✨Ether's trend is similar, currently in a consolidation phase with some resistance near key levels. Watch for breakout signals.
💡Trading Tips:
· BTC is in the 110,400-111,000 range. Consider a light position to test the waters, with a target around 108,000.
· Ether is focused on the 3,900-3,950 zone. If encountering resistance and falling back, pay attention to support near 3,800.
⚠️Reminder: The market changes rapidly. Strategies are for reference only. Stay flexible and adapt accordingly~
🔥If you find this helpful, remember to like, bookmark, and share with more friends for discussion!
#比特币行情 Ether Price Trend #数字货币分析 Trading Notes