#美国非农就业数据表现强劲 Morning Market Review | Technical Analysis of Bitcoin and Ethereum Dual Coins



During this early morning period, the market has been relatively stable, with light trading activity, mainly sideways consolidation. Bitcoin fluctuated around 87,500, while Ethereum hovered around 2,950, pulling back and forth.

From the four-hour K-line chart, Bitcoin is still operating steadily within the downtrend channel. This rally has brought the price close to the mid-line resistance, and the upper and lower bands continue to expand downward. From a broader trend perspective, the bearish momentum still dominates. However, interestingly, the MACD indicator has shown a bullish crossover below the zero line, indicating that selling pressure is waning, and buying momentum is gradually emerging—the market is signaling a potential bullish reversal.

The hourly chart is even more promising. Both the KDJ and RSI indicators have entered the strong zone, suggesting that the short-term upward trend will continue. Bitcoin is expected to break through higher levels and escape the current weak situation. Once trading volume catches up, the upward move will become more confirmed.

The trading strategy is clear: buy on dips in the short term and continue to chase higher.

$BTC: Consider building a long position in the 87,000-87,500 range, with a target near 88,500.
$ETH: Consider building a long position in the 2,920-2,950 range, with a target around 3,020.

Stay closely tuned to subsequent market reactions.
BTC-1.69%
ETH-3.57%
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ponzi_poetvip
· 15h ago
Here comes another underwater golden cross. I'm familiar with this trick. Last time I called it like this, it directly broke down.
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LiquidityHuntervip
· 15h ago
Liquidity is the thinnest at this time of night, and the spread around 87500 is surprisingly small. It's a bit strange... Wait, with the MACD forming a bullish crossover underwater combined with the hourly KDJ entering a strong phase, is this arbitrage opportunity real? Such a small rebound, if the trading volume can't keep up, 88500 won't be broken through at all. Once the non-farm payroll data is released, the 2950 level will need to be reassessed.
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TokenomicsShamanvip
· 15h ago
The underwater golden cross has only just appeared, feels a bit late, but it's still not too late to follow up.
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MetaverseLandlordvip
· 15h ago
The underwater golden cross sounds good, but can this wave go up? It feels like the trading volume is still a bit fake.
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SatoshiHeirvip
· 16h ago
It should be pointed out that this analysis has a clear temporal scale confusion in its technical framework—the contradiction between the four-hour bearish structure and the hourly bullish signals precisely indicates that the market is in a typical transition phase. On-chain data shows that the 87,500 level is essentially just the second gradient pressure in the Satoshi cycle law, far from reaching the true value consensus area. Before chasing higher, you might want to re-read Chapter 3 of the white paper on market liquidity.
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LiquidationTherapistvip
· 16h ago
I'm fed up, it's the same old excuse again—MACD golden cross means it must rise? What if the trading volume doesn't follow?
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