#美国消费者物价指数发布在即 BTC's afternoon trend is worth paying attention to. From the 4-hour K-line chart, after a strong breakout of the 96,800 level earlier, it is currently oscillating around 95,000, still operating within the mid-range zone. The bullish pattern is evident with consecutive positive days, the MACD indicator remains in a golden cross state, the histogram is positive and gradually increasing, indicating that the bullish momentum may continue.
In the short term, 96,800 is a key resistance—this is both a previous high and a psychological barrier. If it cannot break through this level, a double top formation may occur, leading to a potential pullback. Support below is around 93,000. From the K-line pattern, after a surge, Bitcoin shows a long upper shadow, and with the KDJ indicator already in overbought territory and volume-price divergence beginning to appear, it suggests short-term correction pressure is building.
Currently, the market is in a phase of testing support through a pullback. The afternoon trading strategy is to rebound below resistance. Consider positioning in the 95,000-95,500 range, with a focus on support around 94,000-93,500.
For ETH, there is resistance around 3,340-3,360. In the short term, watch whether it can hold above 3,250-3,200. Additionally, note that upcoming US economic data may bring new directions to the market, so stay alert.
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Layer2Arbitrageur
· 14h ago
just ran the numbers on this — you're leaving ~150bps on the table if you're not arbitraging the 95000-95500 window against perps basis rn
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LiquidationOracle
· 14h ago
If it can't break 96,800, it has to fall. This double top is really dangerous.
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GasFeeGazer
· 15h ago
If you can't break 96,800, be really careful. The double top thing is no joke.
#美国消费者物价指数发布在即 BTC's afternoon trend is worth paying attention to. From the 4-hour K-line chart, after a strong breakout of the 96,800 level earlier, it is currently oscillating around 95,000, still operating within the mid-range zone. The bullish pattern is evident with consecutive positive days, the MACD indicator remains in a golden cross state, the histogram is positive and gradually increasing, indicating that the bullish momentum may continue.
In the short term, 96,800 is a key resistance—this is both a previous high and a psychological barrier. If it cannot break through this level, a double top formation may occur, leading to a potential pullback. Support below is around 93,000. From the K-line pattern, after a surge, Bitcoin shows a long upper shadow, and with the KDJ indicator already in overbought territory and volume-price divergence beginning to appear, it suggests short-term correction pressure is building.
Currently, the market is in a phase of testing support through a pullback. The afternoon trading strategy is to rebound below resistance. Consider positioning in the 95,000-95,500 range, with a focus on support around 94,000-93,500.
For ETH, there is resistance around 3,340-3,360. In the short term, watch whether it can hold above 3,250-3,200. Additionally, note that upcoming US economic data may bring new directions to the market, so stay alert.