BTC & ETH – intraday technical update
(1H / 4H / 1D) 🧠📊
🟠 Bitcoin (BTC)
Price area: ~$89.6K, day range ~$87.8K–$91.7K, still under the big $90–93K resistance zone after a bounce from ~$80K demand on the daily chart.
1D: Price is stuck in a descending channel, with $90–95K as key short-term resistance. Until BTC closes above this zone, the move looks like a relief rally, not a full trend reversal.
4H: We have a breakout + retest of a downtrend line, and price is hovering around $90–91K. Momentum is slowing, with bearish divergence on oscillators in that analysis.
1H: Action is mostly sideways / consolidation just under resistance, with intraday spikes being sold near the highs.
👉 Bullish short-term scenario: hold above ~$88K and break/close above $94K → opens room toward $100K.
👉 Bearish scenario: lose $90K and then $88K → market can revisit the $80K demand zone.
🌐 Ethereum (ETH)
Price area: ~$3,030, day range ~$2,935–$3,147.
1D: ETH rebounded strongly from $2.7K support and now trades between $3K and the $3.25–3.6K resistance band, where supply is expected to be heavy.
4H: Strong impulsive leg up broke the prior short-term downtrend; structure is bullish but stretched, so a pullback toward $3K is technically healthy before any further move.
1H: Price is range-bound around $3K–3.1K, cooling down after rejection near $3.2K, with intraday candles showing indecision (wicks on both sides).
👉 Bullish short-term scenario: defend $3K and reclaim $3.25–3.35K → opens a path toward the higher part of the $3.3–3.6K zone.
👉 Bearish scenario: clean break below $3K → next supports sit near $2.9K and then $2.7K.
⚠️ This is pure technical analysis, not financial advice. Use it as a map, not a signal
#DYOR $BTC $ETH #BTCVSGOLD #ETHETFS