During times of significant market fluctuation, there are often potential investment opportunities. If there are no major news impacts, it is expected that the prices of digital money will continue to oscillate within a specific range this week. In light of last Friday's significant fall, investors need to closely monitor whether the rebound on Monday evening can be sustained. If the long positions cannot be maintained, short positions may launch a new round of attacks at any time.



In the recent continuous fall, the technical Rebound often provides new entry opportunities for short positions, and does not mean that the trend has reversed. On Monday, the market focus will still be on the key resistance level around 112000, which is the dividing line between long positions and short positions in the short to medium term.

From a technical perspective, the Bitcoin daily chart shows two bullish candles, indicating a strong upward trend in the short term. The hourly chart displays a gradual rise in recent highs and constantly increasing lows, maintaining a strong fluctuation in the short term. The technical indicator MACD on the hourly chart is in a red bar state, with both DIF and DEA diverging upwards, indicating that the current trend is still bullish, but caution is warranted for potential top divergence signals. The RSI on the hourly chart has reached 70.7, entering the overbought range, which may pose a risk of a pullback; however, the daily RSI has not yet reached the overbought zone, and the overall trend remains upward. In the EMA hourly chart, EMA7 > EMA30 > EMA120, the moving averages present a bullish arrangement, with short-term support levels at 107500 and 104500.

On the Ethereum side, the market is also showing a similar fluctuation trend. Investors need to closely follow the short positions opportunities in the 4130-4080 range and the long positions opportunities in the 3890-3940 range.

It is worth noting that the Digital Money market experiences significant Fluctuation, and investors should operate cautiously and manage risks effectively. In the current market environment, it is important to seize potential investment opportunities while also being alert to possible downside risks. Investors are advised to closely follow market dynamics and set reasonable stop-loss positions to protect their asset safety.
BTC1.59%
ETH3.04%
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WalletWhisperervip
· 3h ago
rsi divergence patterns speak louder than hopium... just watch the whale clusters at 112k
Reply0
MEVHuntervip
· 3h ago
rekt season incoming... mempool signals confirm mass liquidations at 112k
Reply0
RugPullAlarmvip
· 3h ago
The large investors' address has dumped again. Let me track the flow of funds.
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BearMarketSurvivorvip
· 3h ago
The retail investors have all dispersed, which is exactly what I want.
View OriginalReply0
rekt_but_vibingvip
· 3h ago
Is this indicator still being analyzed? It's a huge loss.
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ForkLibertarianvip
· 3h ago
The market does not lie; trends do.
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failed_dev_successful_apevip
· 3h ago
Enter a position and just do copy trading, and that's it.
View OriginalReply0
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