#ETH走势分析 This afternoon I took a look at the BTC and ETH trends and wanted to share my thoughts.



Let’s start with Bitcoin. The price has recently failed to break above the $94,100 area several times, showing clear resistance at that level. More importantly, there are two signals on the 4-hour chart:

The RSI indicator is diverging from the price action—the price keeps climbing, but the RSI highs are getting lower, indicating that the upward momentum is actually weakening. The MACD shows something similar: the fast and slow lines are flattening at a high level, the green bars are getting shorter, and the buying pressure is clearly fading.

Right now, the price is pulling back, testing the $92,500–$92,800 range, which is the 50% retracement of yesterday’s pump. This area is quite crucial:

If it breaks below here, the short-term top is basically confirmed, and we may see further downside looking for support, most likely around the $92,000–$92,500 zone. If the rebound fails to reclaim $93,500, then the correction may continue.

My view is that after such a long rally, it’s time for a breather. Unless the price regains and holds above $93,500, the short-term bias remains toward further correction.

Trading strategy:

This afternoon, consider shorting BTC around $93,200, targeting $91,800.

For ETH, you can consider shorting around $3,200, targeting $3,120.

Be sure to manage your risk and don’t chase the highs.

$BTC
ETH-4.49%
BTC-3.99%
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gas_guzzlervip
· 12-04 06:37
It's the same old divergence theory again, and it works every time. How many times can it fool me this time?
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BoredStakervip
· 12-04 06:36
It's divergence again, and moving sideways again. I’ve heard this set of phrases so many times I can recite them by heart. How many lots are you shorting at 93200? If it can really drop to 91800, then that’s real skill.
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GoldDiggerDuckvip
· 12-04 06:33
That 94100 resistance line really held strong. As soon as I saw the RSI divergence, I knew something was about to happen.
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Liquidated_Larryvip
· 12-04 06:14
94100 held up again? This resistance level is really tough. RSI divergence + MACD flattening means there's really no more strength. If you ask me, if 92500 breaks, it basically confirms this round of correction, and 92000 will be the real test then.
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