Bitcoin Hourly Market Analysis

1. Trend Structure

Initial Phase: The price formed a clear double top pattern around 90,000, reaching a high of 90,599.3 before facing resistance and pulling back. This is a significant reversal signal.
Accelerated Downtrend: After breaking below key support levels, the price experienced a rapid plunge with consecutive large bearish candles, dropping directly from around 90,000 to a low of 80,918.1, a short-term decline of over 10%, indicating panic selling.
Current State: After hitting the low, there was a slight rebound, but the rebound strength is weak, and the market is temporarily in a consolidation phase after being oversold.
2. Indicator Signals

Bollinger Bands: The price has completely broken below the lower band, which is continuously turning downward, indicating a strong bearish trend in a highly weak market.
Moving Averages: Short-term moving averages (white, purple) are diverging steeply downward, with the price consistently below the moving averages, showing that the bears are fully dominating the market.
Supporting Indicators (dots beside K-line): Continuous sell signals in the form of dots during the decline further confirm the trend's persistence.
3. Key Support and Resistance

Support Level: The current low of 80,918.1 is an important short-term psychological support. If this level is effectively broken, the next target could be around the 80,000 integer level.
Resistance Level: Recent rebound resistance is in the 84,000–85,000 range (a consolidation platform during the previous decline), with further resistance in the 88,000–90,000 dense trading zone.
4. Trading Perspective and Response Strategies

Short-term Traders: In a clear downtrend, avoid blindly bottom-fishing. Wait for clear reversal signals such as long lower shadows or volume breakout of short-term moving averages.
Trend Traders: Can attempt to short on rebounds at resistance levels, with stop-loss set above resistance.
Risk Reminder: This rapid decline market is highly volatile. Strict position and stop-loss management are essential. Be cautious of sudden oversold rebounds.
1. Short-term Trading (Intraday / Ultra-short-term)
Core Idea: Do not guess the bottom; only trade clear rebound or continuation signals.
Long Entry Conditions: Price stabilizes above 82,000 and shows volume increase with bullish candles breaking through short-term moving averages (e.g., hourly 20 MA). Use small positions, with stop-loss below 81,500, targeting 83,500–84,000.
Short Entry Conditions: Price rebounds to the 83,500–84,000 zone and faces resistance (bearish signals), then short with a stop-loss above 84,500, targeting 82,000–81,000.
Key Reminder: Oversold rebounds after sharp declines are usually limited in strength and duration. Trade quickly, set strict stops, and avoid holding through large reversals.
2. Trend Trading (Swing / Mid-Long Term)

Core Idea: Follow the bearish trend, avoid bottom-fishing against the trend.
Short Strategy: Wait for a rebound to the key resistance zone of 84,000–85,000 (a previous consolidation platform). If bearish signals appear (such as volume shrinking on bearish candles or bearish divergence in indicators), gradually build short positions with a stop-loss above 85,500, targeting the 80,000 level first, then possibly 78,000 if support breaks.
Wait-and-See Strategy: If the price directly breaks below the 80,918 low, do not rush to short. Wait for a rebound confirmation before entering to avoid being trapped by a “false breakout.”
3. Risk Management (Applicable to All Strategies)

Position Management: Due to high volatility, limit individual positions to within 5% of total capital to avoid heavy losses.
Stop-Loss Discipline: Always set a clear stop-loss for every entry, ideally within 1.5%–2% of the entry price.
Signal Filtering: Only enter trades when clear reversal candlestick patterns (such as Morning Star, Engulfing) or indicator resonances appear. Avoid ambiguous signals.
Ethereum Hourly Market Analysis

1. Trend Structure
Initial Phase: The price formed a clear top pressure around 3045.47, followed by sideways decline, indicating an early trend reversal.
Accelerated Downtrend: After breaking below key support, the price experienced a series of large bearish candles, plunging from around 3000 to a low of 2672.98, a decline of nearly 12%, typical of panic selling.
Current State: After hitting the low, there was a slight rebound, but the rebound is very limited, and the market remains in a weak correction after being oversold.
2. Indicator Signals

Bollinger Bands: The price has fully broken below the lower band, which is continuously turning downward, indicating a strong bearish trend.
Moving Averages: Short-term moving averages (white, purple) are diverging steeply downward, with the price staying below them, showing dominant bearish momentum.
Supporting Signals (dots beside K-line): Continuous sell signals in the form of dots during the decline further confirm the bearish trend.
3. Key Support and Resistance

Support Level: The current low of 2672.98 is a key short-term psychological support. If broken, the next target could be around 2600.
Resistance Level: Recent rebound resistance is in the 2800–2850 range (a previous consolidation platform), with further resistance in the 2950–3000 dense trading zone.
4. Trading Strategy Recommendations

Short-term Traders: Do not blindly bottom-fish. Wait until the price stabilizes above 2750 and shows volume breakout of short-term moving averages, then try a small long position with a stop below 2700, targeting 2800–2850. If resistance appears at 2800–2850, consider shorting with a stop above 2900, targeting 2700–2670.
Trend Traders: Wait for a rebound to the 2850–2900 resistance zone. If bearish signals appear (such as volume shrinking on bearish candles or bearish divergence), gradually build short positions with a stop above 2950, targeting the 2600 support level.
Risk Control: Due to extreme volatility, limit individual positions to within 5% of total capital. Always set a clear stop-loss, ideally within 1.5%–2% of the entry price.