The pancake is currently oscillating around the position of 90471, in a pullback phase, running between the middle and lower bands of the Bollinger Bands indicator, and approaching the lower band. Recently, the K-line has shown a pattern of alternating small real body bearish and bullish candles, indicating fierce competition between bulls and bears, with unclear short-term direction; this pattern is also known as "consolidation", which usually occurs during the adjustment phase of a trend. KDJ Indicator: Both the K line and D line are below 50, and the J line is at the bottom, indicating overall weakness. MACD Indicator: The DIF line is below the DEA line, and the MACD histogram is green, indicating that short-term bearish strength is dominant. Based on the above observations and analysis, it is recommended to make a light purchase near the rebound to the 91134--91932 range in the short term, with the target looking towards the 89633--89000 range.
The overall trend of Ethereum is similar to Bitcoin. In the short term, it is suggested to rebound to around the 3035--3070 range for a light position entry, with a target looking towards the 2975--2940 range.
The above is just personal advice and for reference only. Please refer to the layout of Haoyu Shipan for specifics $BTC $ETH .
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.
11.29midday
The pancake is currently oscillating around the position of 90471, in a pullback phase, running between the middle and lower bands of the Bollinger Bands indicator, and approaching the lower band. Recently, the K-line has shown a pattern of alternating small real body bearish and bullish candles, indicating fierce competition between bulls and bears, with unclear short-term direction; this pattern is also known as "consolidation", which usually occurs during the adjustment phase of a trend.
KDJ Indicator: Both the K line and D line are below 50, and the J line is at the bottom, indicating overall weakness.
MACD Indicator: The DIF line is below the DEA line, and the MACD histogram is green, indicating that short-term bearish strength is dominant.
Based on the above observations and analysis, it is recommended to make a light purchase near the rebound to the 91134--91932 range in the short term, with the target looking towards the 89633--89000 range.
The overall trend of Ethereum is similar to Bitcoin. In the short term, it is suggested to rebound to around the 3035--3070 range for a light position entry, with a target looking towards the 2975--2940 range.
The above is just personal advice and for reference only. Please refer to the layout of Haoyu Shipan for specifics $BTC $ETH .