#美国民主党BlueVault $BTC Midday Technical Scan:



Bitcoin quickly surged from a low point to around 96,800 before starting to retrace. It is now oscillating around 94,800. The long upper shadow left yesterday indicates that selling pressure at high levels is still quite strong. On the 4-hour chart, a rise followed by a pullback has already appeared, failing to break the previous high, clearly entering an adjustment phase.

MACD bars are shrinking, and the DIF and DEA are about to converge, indicating that momentum is waning. Although the daily chart still shows a bullish pattern, signs of slowing gains are already quite evident. EMA7 is supporting the price from below, while EMA30 and EMA120 remain in a bullish arrangement. However, the price is somewhat distant from the moving averages, so caution is needed regarding the risk of a pullback.

**Afternoon Strategy**: BTC can look for opportunities in the 95,300-95,800 range, with a target around 93,500; Ethereum can be positioned around 3,350-3,380, aiming for a move toward 3,250.

Market conditions change every minute. This analysis is for reference only. Specific operations should be adjusted according to real-time trends.
BTC2.92%
ETH6.05%
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SandwichTradervip
· 1h ago
Hmm, it's starting to fluctuate again. This selling pressure is really intense. --- 94800 is a bit awkward, can't go up, and it's hard to go down either. --- MACD sticking together means there's no hope. I'm just waiting for a pullback. --- Should I buy at 95300? I still feel like it might drop further. --- Every day talking about preventing a pullback, but I'm really scared this time. --- Can Ethereum reach 3250? It doesn't seem that easy. --- Diminishing momentum is a signal that it's time to sell. --- Why is the long upper shadow still there? Looks like it's about to crash.
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CryptoFortuneTellervip
· 1h ago
It's starting to pull back again. Can we hold the 94,800 this time? It still feels a bit uncertain.
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AmateurDAOWatchervip
· 2h ago
It's starting to retrace again. Not breaking through the previous high this time is really a bit frustrating. Let's see if EMA7 can hold up.
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HashBardvip
· 2h ago
ngl this whole "momentum fading" narrative feels like we've seen this movie before... macd getting lazy, bulls running out of gas at 96k, the usual suspects lining up for another rug. poetry in motion, really.
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FundingMartyrvip
· 2h ago
It's starting to fluctuate again. Can the pullback hold steady this time?
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WalletAnxietyPatientvip
· 2h ago
Still oscillating around 94,800. The selling pressure at this high level is indeed strong. I'm a bit hesitant to chase the high based on the signals. 93500 seems to still have some distance. Let's wait and see. This wave of retesting in Bitcoin (大饼) is probably coming. Keep your coins tight in hand. The technical indicators look a bit weak, momentum is fading. Planning to make a move at 95,300 this afternoon, but set a proper stop-loss. Ethereum at this level is also okay to follow the trend, anyway the target of 3,250 isn't far.
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