20260.04.07 Price Trend Analysis


Bitcoin is currently oscillating around the support level of 68,000 on the 4-hour and daily charts.
Ethereum's focus is on the daily and 4-hour trends, with support in the 2080–2090 range.
Technical Indicators:
- MACD (4-hour chart): The DIF line and MACD histogram are both above zero but show a downward trend, indicating that bullish momentum is waning and a short-term pullback is possible.
- RSI (4-hour chart): The RSI14 value has fallen from the overbought zone (74.73) to 56.38, suggesting the market has cooled from an overheated state and is entering a correction phase.
- EMA (4-hour chart): The current price of 68,688.09 has fallen below the short-term EMA7 (68,981.00). EMA7 is beginning to turn downward, indicating a weakening short-term trend. However, the price remains above the medium- and long-term EMA30 (68,060.07) and EMA120 (68,441.25), suggesting the medium- and long-term trend remains intact.
BTC-1.85%
ETH-2.42%
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