The four-hour chart shows the price stabilizing above the MA144 and MA169 moving averages, indicating medium-term support is effective. However, the MACD histogram is shrinking, and the DIF and DEA lines are converging, suggesting diminishing bullish momentum. The KDJ indicator's three lines have fallen back to the 50-60 range, indicating short-term correction pressure. The intraday high of 68,972 and the previous high of 70,938 are forming resistance. If the key support at 67,500 is broken, it could trigger further adjustment.
Personal advice, for reference only (strictly set defensive measures): Around 68,800 for Bitcoin, buy on dips to 69,800, with targets at 67,000, 65,300. Around 2,000 for Ethereum, buy on dips to 2,065, with targets at 1,930, 1,800.
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3.4 Wednesday Intraday Analysis
The four-hour chart shows the price stabilizing above the MA144 and MA169 moving averages, indicating medium-term support is effective. However, the MACD histogram is shrinking, and the DIF and DEA lines are converging, suggesting diminishing bullish momentum. The KDJ indicator's three lines have fallen back to the 50-60 range, indicating short-term correction pressure. The intraday high of 68,972 and the previous high of 70,938 are forming resistance. If the key support at 67,500 is broken, it could trigger further adjustment.
Personal advice, for reference only (strictly set defensive measures):
Around 68,800 for Bitcoin, buy on dips to 69,800, with targets at 67,000, 65,300.
Around 2,000 for Ethereum, buy on dips to 2,065, with targets at 1,930, 1,800.