The four-hour price is trading below the MA144 and MA169 long-term moving averages, indicating a medium-term weak trend. The strong resistance zone is formed between 67,600 and 68,500. The MACD indicator shows a weak bullish crossover below the zero line, with insufficient momentum for a strong rebound, and the KDJ indicator is turning downward from the mid-high levels, suggesting a short-term pullback. Trading volume has not effectively increased, and the rebound lacks sustainability. Short-term support is expected around the 65,000 level; a break below could lead to further decline toward 63,000.
Personal advice, for reference only (strictly set defensive measures): Bitcoin near 67,300, buy on dips to 68,300, target 65,800, 64,000 Ethereum near 1,995, buy on dips to 2,045, target 1,930, 1,800$XAU
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3.2 Monday Intraday Analysis
The four-hour price is trading below the MA144 and MA169 long-term moving averages, indicating a medium-term weak trend. The strong resistance zone is formed between 67,600 and 68,500. The MACD indicator shows a weak bullish crossover below the zero line, with insufficient momentum for a strong rebound, and the KDJ indicator is turning downward from the mid-high levels, suggesting a short-term pullback. Trading volume has not effectively increased, and the rebound lacks sustainability. Short-term support is expected around the 65,000 level; a break below could lead to further decline toward 63,000.
Personal advice, for reference only (strictly set defensive measures):
Bitcoin near 67,300, buy on dips to 68,300, target 65,800, 64,000
Ethereum near 1,995, buy on dips to 2,045, target 1,930, 1,800$XAU