Morning Analysis by A: BTC, ETH, SOL Market Analysis Incoming

CN
1 year ago

Morning market trends may go how? Little A explains for you!

Welcome to the group chat to ask Little A for more analysis: jv.mp/JaQ0CE

BTC

1-hour price trend of BTC: Up.

Little A Morning Analysis: BTC, ETH, SOL Market Analysis Strikes_aicoin_Figure 1

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 65726.2 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 65200 USDT (Considering EMA(7) crossing above EMA(30), and MACD above the zero axis, indicating a short-term bullish trend. Choosing a support level that has been touched multiple times recently but not broken as a conservative buy point)

  • Buy Point 2: 64500 USDT (Long lower shadow and significant volume appeared near this price area, indicating strong support at this level, suitable as a more aggressive buy point)

  • Long Stop Loss: 64000 USDT (Below Buy Point 2, with enough space to avoid triggering stop loss due to minor fluctuations, also near the previous low point, a breakthrough may change the trend)

  • Sell Point 1: 66000 USDT (The current price is close to this level, combined with KDJ overbought situation, it is foreseeable that there may be a pullback, therefore serving as the initial profit target)

  • Sell Point 2: 67000 USDT (Near the recent high price, the market has encountered resistance at this level, can be considered as an ideal sell point)

  • Short Stop Loss: 67500 USDT (Above Sell Point 2, giving the market enough room for volatility, and if the price continues to rise and break through the new high, it may indicate a continued trend)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple long lower shadows (such as 22:00 on July 25 and 10:00 on July 24), indicating selling pressure but strong buyer intervention.
    • The latest few hourly K-lines (from 02:00 on July 26 to 07:00 on July 26) have relatively stable closing prices, oscillating slightly near 65600, and have not formed a clear trend K-line combination yet.
  2. Technical indicators:

    • MACD indicator shows both DIF and DEA are positive, the MACD histogram is above the zero axis, and the MACD value of the latest K-line has increased, indicating that the current market may be under bullish control.
    • KDJ indicator shows that the J value is higher than the K and D values in the latest data, and all three are in the overbought zone above 80, which may indicate the market is overheated in the short term, and caution is needed for the risk of a pullback.
    • In the EMA indicator, EMA(7) has crossed above EMA(30), and the gap between the two is gradually widening, indicating a short-term bullish trend, but attention should be paid to whether the long-term trend will change accordingly.
  3. Volume:

    • Looking at the volume, there was a peak in volume at 22:00 on July 25, after which the volume has fallen slightly, but overall remains at a certain level, indicating relatively high market activity.
    • The recent few periods have seen a slight decrease in volume, which may mean the market is in a wait-and-see state if not accompanied by significant price fluctuations.

ETH

1-hour price trend of ETH: Down.

Little A Morning Analysis: BTC, ETH, SOL Market Analysis Strikes_aicoin_Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3173.99 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 3175 USDT (Price is close to the 7-period EMA, a breakthrough may be considered as an upward signal)

  • Buy Point 2: 3100 USDT (Near the recent low point, may have a supporting effect)

  • Long Stop Loss: 3080 USDT (Below the recent low point, providing enough space to avoid triggering due to minor fluctuations)

  • Sell Point 1: 3300 USDT (Recent rebound high point, may encounter resistance)

  • Sell Point 2: 3350 USDT (High point before 07:00 on July 25, a strong resistance level)

  • Short Stop Loss: 3400 USDT (Exceeding Sell Point 2, reducing the risk of triggering due to a pullback)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with a long upper shadow from 07:00 to 08:00 on July 25, indicating heavy selling pressure at the high.
    • The K-line from 06:00 to 07:00 on July 24 is a long solid bullish candle, followed by a price decline, possibly a signal of weakening buying pressure.
  2. Technical indicators:

    • MACD indicator: Both DIF and DEA are below the zero axis, the MACD histogram fluctuates from negative to positive and then negative again, indicating an unstable market trend, and attention should be paid to whether a golden cross will occur as a buy signal.
    • KDJ indicator: The J value has exceeded 80 in the latest data, entering the overbought zone, but K and D are still below 60, implying the possibility of a reversal or oscillation.
    • EMA indicator: The price is below the 30-period EMA and close to the 7-period EMA, if the price can break through the 7-period EMA and continue to rise, it may confirm an upward trend.
  3. Volume:

    • Volume increases as the price falls, such as from 21:00 to 22:00 on July 25, which usually indicates the market is controlled by sellers.
    • The volume has been relatively stable in the recent hours, with no significant increase, indicating a strong wait-and-see sentiment among market participants.

SOL

1-hour price trend of SOL: Down.

Little A Morning Analysis: BTC, ETH, SOL Market Analysis Strikes_aicoin_Figure 3

This is a 1-hour Binance SOL/USDT K-line chart, with the latest price at: 171.422 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 170.5 USDT (Near the recent EMA(7) and EMA(30) crossover, possibly a short-term support level)
  • Buy Point 2: 168.0 USDT (Near the low point at 04:00 on July 25, a strong psychological and technical support level)
  • Long Stop Loss: 166.0 USDT (Slightly below the recent lowest price, providing enough space to avoid triggering stop loss due to minor fluctuations)
  • Sell Point 1: 175.0 USDT (High point area after 09:00 on July 25, can be used as the initial resistance level)
  • Sell Point 2: 178.0 USDT (High point around 08:00 on July 25, a stronger psychological and technical resistance level)
  • Short Stop Loss: 180.0 USDT (Above the highest price at 01:00 on July 25, providing a safety cushion for short selling)

Price Trend Analysis

  1. K-line pattern:
    • Recent K-lines show intensified price fluctuations, especially with a significant price drop from 10:00 to 11:00 on July 25, followed by a slight rebound. In the latest hour, the price has slightly decreased, with the closing price lower than the opening price, forming a short solid bearish candle.
    • Looking at the overall trend, there are multiple long lower shadows, such as at 22:00 on July 24 and 04:00 on July 25, which may indicate that buying pressure intervenes whenever the price drops to a certain extent.
  2. Technical indicators:
    • MACD indicator shows both DIF and DEA are negative, but the MACD histogram has turned from negative to positive, suggesting potential strengthening of upward momentum.
    • KDJ indicator shows that the J value has reached a high point in the recent few periods, however, currently both the K and D lines are below 80 and crossing downwards, indicating a possible adjustment period.
    • EMA indicator: The 7-day EMA in the latest data is at 171.713, and the 30-day EMA is at 171.422, with EMA(7) lower than EMA(30), indicating a possible downward trend in the short term.
  3. Volume:
    • The volume reached its peak at 10:00 on July 25, then gradually decreased, reflecting increased market activity when the price dropped significantly.
    • The volume of the latest period, 385505, has decreased compared to the previous few periods, indicating a decrease in market participants' enthusiasm.

※All content is provided by the intelligent analysis assistant Little A, and is for reference only, not constituting any investment advice!

Little A Intelligent Analysis is the industry's first intelligent analysis tool recommended by AICoin, which easily helps you interpret the trend of currencies, analyze indicator signals, and identify entry and exit points. Experience it on the APP or PC.

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