4.8BTC/ETH Market Outlook:

Since the news of peace talks came out this morning, the crypto market surged accordingly. Bitcoin rebounded to around 72,700, with a large daily candlestick taking off. Currently, the price is around 71,500, oscillating and recovering. It is constrained by the upper Bollinger Band, which is pressing against the upper band, limiting upward space. Therefore, it is not recommended to chase the rally directly. The upward movement driven by news is not a bull run but a short-lived rebound—raising prices to sell off, cashing out at high levels. Be cautious of a quick drop after a spike, which could lead to a sharp decline! $DOGE
On the 4-hour chart, RSI is overbought and turning downward. On the hourly chart, the price has fallen below the upper band. Both KDJ and RSI are in overbought territory and turning downward. MACD shows decreasing bullish momentum, indicating a pullback is needed. Trading-wise, focus on short positions, expecting a correction!
Resistance levels above are around 71,500 and 72,500. Consider short positions around these levels. Support levels below are around 70,500, 69,500, and 68,000. $BASED
For Ethereum, resistance is around 2,250 and 2,300. Consider short positions around these levels. Support levels are around 2,200, 2,150, and 2,100. $BTC
Flowers bloom and fade, flowing water is relentless. Flowers bloom only for a moment but leave a lasting fragrance. Time flows like water; what cannot be retained is the past. The investment journey is long—it's a place where learning and passion coexist. You grow, so you keep improving and gaining. When you feel frustrated and timid about the market, your mindset changes. Without solid fundamentals, how can you dominate the world? How can you talk about profits? $ETH