One-Hour Bitcoin Market Analysis

1. Trend Structure

This is a movement from high-level oscillation to a breakdown and decline. Previously, the price oscillated and consolidated between 8900-9100, with bullish and bearish forces temporarily balanced.
Subsequently, a series of large bearish candles appeared, directly breaking through the lower boundary of the consolidation zone, entering a rapid decline phase, with the low point reaching 86033.5, dominated by bearish momentum.
2. Key Indicators and Signals

Bollinger Bands: The price has broken below the lower band of the Bollinger Bands, entering an oversold area, indicating that short-term downward momentum has been overextended and a technical rebound is needed.
Moving Average System: Short-term moving averages (white and pink) are turning downward in unison, and the price is trading below all moving averages, confirming a current bearish trend.
Stability Signal: A small bullish candle appeared after the low of 86033.5, which is an initial sign of stopping the decline, but subsequent candles need to confirm whether an effective rebound can form.
3. Support and Resistance

Support Levels: 86033.5 is the current clear short-term low point, with 86000 below being an important psychological support level.
Resistance Levels: The first resistance is at 87000, and 89000 (the lower boundary of the previous oscillation platform) is a stronger resistance zone. When the price rebounds to these levels, it is likely to encounter resistance and fall back.
4. Future Projections

If the rebound continues: It is necessary to effectively break through 87000 and stabilize above the short-term moving averages to have a chance to challenge the 89000 resistance zone.
If the decline continues: If support at 86000 is broken, the price may further decline, and caution should be taken regarding the continuation of the bearish trend.
One-Hour Ethereum Market Analysis

1. Trend Structure

This is a movement from high-level oscillation to a breakdown and decline. Previously, the price oscillated and consolidated between 8900-9100, with bullish and bearish forces temporarily balanced.
Subsequently, a series of large bearish candles appeared, directly breaking through the lower boundary of the consolidation zone, entering a rapid decline phase, with the low point reaching 86033.5, dominated by bearish momentum.
2. Key Indicators and Signals

Bollinger Bands: The price has broken below the lower band of the Bollinger Bands, entering an oversold area, indicating that short-term downward momentum has been overextended and a technical rebound is needed.
Moving Average System: Short-term moving averages (white and pink) are turning downward in unison, and the price is trading below all moving averages, confirming a current bearish trend.
Stability Signal: A small bullish candle appeared after the low of 86033.5, which is an initial sign of stopping the decline, but subsequent candles need to confirm whether an effective rebound can form.
3. Support and Resistance

Support Levels: 86033.5 is the current clear short-term low point, with 86000 below being an important psychological support level.
Resistance Levels: The first resistance is at 87000, and 89000 (the lower boundary of the previous oscillation platform) is a stronger resistance zone. When the price rebounds to these levels, it is likely to encounter resistance and fall back.
4. Future Projections

If the rebound continues: It is necessary to effectively break through 87000 and stabilize above the short-term moving averages to have a chance to challenge the 89000 resistance zone.
If the decline continues: If support at 86000 is broken, the price may further decline, and caution should be taken regarding the continuation of the bearish trend.