Recently, the movement of Bitcoin and Ethereum has been quite interesting — both are experiencing small oscillations at the bottom, but if we talk about rebound opportunities, we need to look carefully.
**Bitcoin Situation:**
The current price is $87,668.22, just slightly above the MA7, but the MA25 is only slightly ahead when looking higher. The real resistance is at the MA99 level ($88,281.48), and the medium-term moving average is generally trending downward. On the 4-hour chart, the candlestick volume is decreasing, and the upward momentum is clearly lacking. The KDJ indicator is still oscillating at low levels (K=36.37, D=34.99, J=39.13), and a golden cross has not formed yet.
If you want to gamble on a rebound, you can go long with a small position at the support level of $87,253, aiming to see if the price can break through the resistance at $88,280 (MA99). But on the other hand, if $87,253 cannot hold, then it’s time to switch strategies — go short, targeting the previous low at $86,420.
**Ethereum Situation:**
The price is at $2,933.48, between the MA7 and MA25, but the MA99 ($2,992.37) is still far above, indicating a bearish alignment that has not yet improved. After touching $2,888.70 earlier, there was a slight rebound, but trading volume was very low, and the rebound momentum was weak. The KDJ indicator is still in adjustment.
Overall, both assets show signs of weakness. Rebound opportunities exist, but the risks are also significant. The key is whether those support levels can hold.
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FantasyGuardian
· 11h ago
Complaining at the bottom again, can it break through this time? Feels a bit uncertain.
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HackerWhoCares
· 11h ago
Another market with sluggish trading volume, who dares to take the plunge?
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GasFeeCryBaby
· 11h ago
It's that time again to look at charts and talk nonsense—weakness is weakness, stop fooling yourself.
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If the support level breaks, it breaks. No point in a rebound; wait for the big dip to reorganize.
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Trading volume is so sluggish, does it feel like no one cares?
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MA99 has been pressing down all along; what's the point of this rebound?
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It's easy to listen to small positions going long, but you'll regret it when you really lose money.
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Both are struggling to survive; let's just watch the show quietly.
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I don't believe this support at $87,253; it was broken long ago.
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There's no sound from ETH anymore; it's a bit strange.
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KDJ is still adjusting, a golden cross is far off, so what's there to talk about a rebound?
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Can we stop always saying that if the support level doesn't hold, it will go down? This routine is so tired.
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LoneValidator
· 11h ago
This market clearly indicates a big move is coming. As long as the support level isn't broken, I'll continue to stay hidden.
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FortuneTeller42
· 11h ago
Well, this round of bottom fluctuation is just squeezing the bubble. We'll see once the support level stabilizes.
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CodeAuditQueen
· 11h ago
With such thin trading volume, a rebound is just a joke—it's all just a trap to lure more buyers.
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ChainPoet
· 12h ago
It's another dilemma—whether to hold the support level or not, everyone in the world is betting.
With such weak trading volume, what kind of rebound is this? It’s probably going to fall.
If 87253 breaks, we're done for. I bet it won't hold, and we'll see 86420.
The moving averages are so poorly aligned, dare you still touch ETH? I advise everyone to lie flat first.
The so-called small bottom oscillation is just bloodsucking; they’re waiting to cut the leeks.
KDJ hasn't even formed a golden cross yet, why get excited? This kind of market is the easiest to get trapped in.
Playing rebounds in a weak market pattern is fighting against the big players. I won't join.
If 88280 can't be broken, it's just a false rebound. See if I'm right.
Recently, the movement of Bitcoin and Ethereum has been quite interesting — both are experiencing small oscillations at the bottom, but if we talk about rebound opportunities, we need to look carefully.
**Bitcoin Situation:**
The current price is $87,668.22, just slightly above the MA7, but the MA25 is only slightly ahead when looking higher. The real resistance is at the MA99 level ($88,281.48), and the medium-term moving average is generally trending downward. On the 4-hour chart, the candlestick volume is decreasing, and the upward momentum is clearly lacking. The KDJ indicator is still oscillating at low levels (K=36.37, D=34.99, J=39.13), and a golden cross has not formed yet.
If you want to gamble on a rebound, you can go long with a small position at the support level of $87,253, aiming to see if the price can break through the resistance at $88,280 (MA99). But on the other hand, if $87,253 cannot hold, then it’s time to switch strategies — go short, targeting the previous low at $86,420.
**Ethereum Situation:**
The price is at $2,933.48, between the MA7 and MA25, but the MA99 ($2,992.37) is still far above, indicating a bearish alignment that has not yet improved. After touching $2,888.70 earlier, there was a slight rebound, but trading volume was very low, and the rebound momentum was weak. The KDJ indicator is still in adjustment.
Overall, both assets show signs of weakness. Rebound opportunities exist, but the risks are also significant. The key is whether those support levels can hold.