๐BTC High-Position Fluctuation๏ฝIs the Bullish Momentum Building Up or Is It the End of the Bounce?
Hi, I am Charles. Today BTC peaked at $111,498, but after reaching the top, there was a brief pullback, currently stabilizing around $110,800. Overall, it remains in an upward channel, but short-term buying momentum appears slightly conservative.
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๐ BTC/USDT Technical Observation
๐ From the 15-minute and 30-minute charts: โข The upper pressure level of the Bollinger Bands is at $111,500, with short-term correction pressure. โข Trading volume has significantly decreased after the peak, indicating that some funds are starting to wait and see. โข MACD red bars are converging, and KDJ shows a high-level flattening signal, suggesting short-term potential oscillation and consolidation.
If it can hold above $110,400, it is still a healthy consolidation; but if it fails to hold that level, the probability of a retracement to $109,800 increases.
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๐ฌ Perspective
The overall structure still leans bullish, but the market has entered a wait-and-see period. It is currently in the stage of "digesting after a significant rise," if tomorrow it can break through $111,500 with volume, it is expected to start a new wave of momentum; Conversely, if the trading volume continues to shrink, a slight pullback may occur in the short term.
The key to this wave of movement lies in whether the bulls are willing to "add positions to confirm the breakout." I personally will choose to observe the support reaction at $110,400 before deciding on actions.
โกETH Short-term Surge Followed by Pullback๏ฝAre Bulls Resting or Preparing for Another Push?
Hi, I am Charles๐ Today ETH's trend is quite exciting, quickly breaking through $3,980 in the morning session, reaching a high of $3,989, but then bulls showed obvious profit-taking. Currently, the price is around $3,946, still firmly in an upward channel.
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๐ฃ ETH/USDT Technical Observations
๐ From the 15-minute and 30-minute charts: โข The upper Bollinger Band pressure level is at $4,000, and the short-term upward momentum has entered a consolidation zone. โข Volume has significantly shrunk after the high point, indicating a slight pause in bullish momentum. โข MACD red bars are converging, and KDJ is bending downward with a crossover, indicating a risk of retracing to the middle band ($3,920).
If it can hold above $3,920, there is still a chance to challenge $4,000; Conversely, if it falls below $3,880, it may further test $3,850.
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๐ฌ Perspective
This wave of ETH's rebound is still in a healthy consolidation phase. If it can increase volume and push above $4,000, it will open a new round of upward movement; But if the volume continues to shrink, it may turn into a pattern of "high-level consolidation โ gradual decline."
Overall bullish sentiment remains unchanged, but caution is needed for short-term pullback risks.
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Do you think ETH will directly break through $4,000, or will it need to pull back first before pushing up? Leave a comment to share your thoughts๐
โก ETH Short-term Technical Analysis๏ฝ3,800 Can It Hold?
(2025/10/23)
ETH encountered resistance at 3,905 USDT and has pulled back, currently priced around 3,842 USDT, short-term bullish momentum has clearly weakened, and the market has entered a consolidation phase.
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๐น Short-term Observation (5-minute Chart) โข The price is still consolidating near the lower Bollinger band, with insufficient short bullish strength. โข Trading volume has significantly decreased, indicating a heavier wait-and-see sentiment in the market. โข Although the MACD remains in positive territory, the DIF and DEA are close to the zero axis, indicating weak momentum. โข The KDJ indicator is entangled at a low level, with the K value around 39, suggesting a need for short-term correction.
๐ Short-term Conclusion: If ETH can hold the 3,830โ3,850 range, there is still a chance to test the upper resistance at 3,880. However, if it breaks below 3,820, it may revisit the lower support at 3,780โ3,800.
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๐น Medium-term Observation โข From the 1-hour structure, ETH is still in a high-level consolidation pattern. โข 3,900 is an important short-term resistance; without sufficient volume to break it, rebounds are likely to be limited. โข MA5 is bending down close to the middle line; if it does not quickly pull back, there may be a chance to test the lower support again.
๐ Medium-term Conclusion: Currently in the "sideways consolidation mid-term", both bulls and bears are temporarily in a tug-of-war, waiting for a new directional breakout.
๐ Strategy Suggestions: โข Short-term Operation: Hold 3,830 for long positions, set stop loss below 3,815. โข If it breaks above 3,880, consider increasing positions based on the situation. โข If it breaks below 3,820, wait and observe for structural rebuilding.
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๐ฌ Do you think this wave of ETH can hold 3,800? Or is it just a correction before a rebound? Leave a comment to share your thoughts๐ $BTC $ETH
๐ $BTC Today's Technical Analysis๏ฝIs the rebound momentum still there?
๏ผ2025/10/23๏ผ
BTC reached a high of $110,298 today and is currently fluctuating around $109,785. A clear rebound appeared in the short term, but the upper pressure zone still exists. From a multi-period perspective, the market is still in the "rebound confirmation period".
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๐น Short-term (5โ15 minute chart) โข The price is consolidating near the upper Bollinger band, with upper pressure at $110,300. โข Volume slightly decreased after the rebound, indicating short-term momentum is weakening. โข Although MACD is still in the positive area, the red bars are beginning to shorten, showing increased profit-taking pressure from short positions. โข The KDJ indicator is flattening at a high position (K value 73), indicating a potential pullback demand in the short term.
๐ Short-term conclusion๏ผ If it can hold above $109,300โ$109,500, it is expected to continue the rebound and challenge the previous high; If it falls below $109,000, pay attention to a quick retest.
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๐น Medium-term (30 minutesโ1 hour chart) โข The 1-hour chart shows that BTC has rebounded nearly $3,000 from the low of $106,666. โข The MA5 and MA10 moving averages are both showing an upward trend, indicating a strengthening short-term trend. โข The middle Bollinger band has crossed above the lower band, signaling an expansion of volatility and a gradually established direction. โข Although MACD maintains red bars, a slight divergence signal has appeared, and it needs to be observed whether the volume follows up.
๐ Medium-term conclusion๏ผ If it can break above $110,300 and stabilize above, the next target area will look towards $112,000โ$114,000. However, if the volume cannot expand, the rebound structure may halt at the pressure zone.
๐ Strategy Suggestions๏ผ 1๏ธโฃ Conservatives: Wait and see if $109,000 holds stable before considering long positions. 2๏ธโฃ Aggressives: Attempt short longs in the $109,300โ$109,500 range, with a stop loss set below $108,800. 3๏ธโฃ If the price breaks above $110,300 again, track the volume to confirm the validity of the breakout.
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๐ฌ What do you think of this rebound? Is it a healthy recovery or a false breakout? Leave a comment and share your thoughts ๐ $BTC $ETH
Hi, I'm Charles. I usually trade ETH on Binance and also observe the rhythm of several mainstream contract coins. I don't rely on guessing; I rely on charts, indicators, and discipline.
Here, I will share: โข Short to medium-term technical analysis of ETH / BTC โข The logic of my actual operations and the rhythm of adding and reducing positions โข Daily / weekly market review and mindset adjustment
I believe trading is not about who is more accurate, but who can be more stable. The market changes every day, but discipline and rhythm do not.
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๐งญ ETH Today's Technical Analysis โ 10/23
๐น Current Price: 3,880 (USDT) ๐น Short-term Trend: Entering sideways consolidation after a rebound, still leaning towards a bullish adjustment.
Key Price Levels: โข Support: 3,850๏ฝ3,860 (holding above still has a chance to challenge the previous high) โข Resistance: 3,900๏ฝ3,910 (breakthrough can target 3,950) โข Defensive Level: 3,835 (falling below indicates a weakening short-term structure)
๐ Observation Points: โข MACD red bars shortening, short-term momentum slowing down โข If it breaks 3,900 with volume, short-term bulls may extend โข If the rebound does not exceed the middle track, pay attention to a pullback to 3,850
Operational Rhythm:
Hold above 3,850 bullish; if it falls below, temporarily exit. If it stabilizes above 3,900, consider adding positions.