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

CN
2 months ago

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

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

BTC

BTC's 1-hour price trend: Down.

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: 65349.4 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 65800 USDT (after multiple recent touches at this price, a rebound occurred, indicating strong support)

  • Buy point two: 65500 USDT (below the recent long lower shadow low, further probing to this price may attract buying interest)

  • Long stop loss point: 65200 USDT (providing enough space to avoid triggering stop loss due to small fluctuations, while considering 65040.5 as the recent low, leaving adequate buffer)

  • Sell point one: 66500 USDT (recent attempts to rise have failed to break through this resistance level, can be considered as an initial profit-taking point)

  • Sell point two: 67000 USDT (close to the highest price of 67830, expected to encounter significant selling pressure)

  • Short stop loss point: 67200 USDT (exceeding the recent high point, providing protection for short positions)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple long lower shadows (such as 05:00 on July 25 and 22:00 on July 24), indicating strong buying interest despite selling pressure.
    • The latest few hourly K-line entities have shrunk, with balanced upper and lower shadows, suggesting market indecision.
  2. Technical indicators:

    • In the MACD indicator, both DIF and DEA are below the zero axis, and the MACD histogram value is negative, indicating a bearish trend, but the MACD value of the most recent K-line is smaller than the previous one, possibly indicating a potential reversal.
    • In the KDJ indicator, the J value has appeared below 20 in the latest data, usually considered an oversold area, which may lead to a rebound.
    • EMA(7) has fallen below EMA(30), signaling a short-term trend weakening.
  3. Volume:

    • Volume has increased during price declines (such as 05:00 on July 25), indicating some support for this decline.
    • The recent few periods have seen relatively stable volume, with no significant increase or decrease, consistent with the current market's wait-and-see attitude.

ETH

ETH's 1-hour price trend: 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: 3332.36 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 3400 USDT (this price is close to the recent low, if the market rebounds, this position may be a short-term support level)

  • Buy point two: 3350 USDT (closer to the current period's low of 3285.69, a strong support area, suitable for buying opportunities after further probing)

  • Long stop loss point: 3300 USDT (providing enough space to avoid triggering stop loss due to small fluctuations, while considering the possibility of accelerated decline below 3350)

  • Sell point one: 3450 USDT (recent attempts to rise have failed to break through this resistance level, can be seen as an initial profit-taking point)

  • Sell point two: 3500 USDT (close to the previous high and a psychological barrier, if there is a strong rebound, this may form a new resistance level)

  • Short stop loss point: 3550 USDT (exceeding the recent high point of 3540.94, providing conservative space to avoid triggering stop loss due to small fluctuations)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with a trend from the high of 3540.94 on July 23 to the low of 3285.69 on July 25. In the most recent hour, prices have slightly rebounded, but the overall trend still leans downward.
    • From 19:00 on July 24 to 07:00 on July 25, there were multiple attempts to rise that failed to break through the previous high, forming a more obvious resistance level.
  2. Technical indicators:

    • In the MACD indicator, both DIF and DEA are below the zero axis, and DIF runs below DEA, with the MACD histogram showing a negative value, indicating a bearish market.
    • In the KDJ indicator, the J value has rebounded slightly, but the frequent crossing of the K and D lines is infrequent, and both are below 50, suggesting weakened momentum and a potential demand for rebound, but insufficient upward momentum.
    • In the EMA indicator, EMA(7) is below EMA(30), and both are showing a downward trend, indicating heavy selling pressure in the short term and a bearish long-term trend.
  3. Volume:

    • During the price decline, there are signs of increased volume, especially during significant price declines (such as 05:00 on July 24), indicating active selling interest within this price range.
    • The volume has been relatively stable in the recent few hours, with no significant increase or decrease, indicating a certain consensus in the market, but the subsequent trend still needs to be monitored for changes in volume to confirm direction.

SOL

SOL's 1-hour price trend: 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: 177.813 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 175.5 USDT (price is close to the 30-period EMA support level, there may be a rebound)

  • Buy point two: 173.0 USDT (near the low point on July 24, consider adding positions if there is further decline)

  • Long stop loss point: 170.0 USDT (providing enough space to avoid triggering stop loss due to small fluctuations, and below the recent lows)

  • Sell point one: 180.0 USDT (recent tests at this resistance level have failed to break through, suitable as an initial profit-taking point)

  • Sell point two: 182.0 USDT (near the high point at 01:00 on July 25, consider reducing holdings or selling all if there is strong upward momentum)

  • Short stop loss point: 183.0 USDT (leaving some space, above the previous high point, to reduce the risk of triggering stop loss due to small fluctuations)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with a long upper shadow candle at 01:00 on July 25, indicating heavy selling pressure at the high.
    • From 21:00 on July 24 to 02:00 on July 25, the closing price was lower than the opening price for four consecutive hours, forming a series of bearish candles, reflecting bearish sentiment in the market.
  2. Technical indicators:

    • MACD indicator: Both DIF and DEA are above the zero axis, but DIF crosses below DEA, and the MACD histogram changes from positive to negative, suggesting a possible short-term downtrend.
    • KDJ indicator: The J value is in the oversold area in the latest data (21.13), and both the K line and D line show signs of downward crossover, indicating a potential rebound or continued decline.
    • EMA indicator: The price is currently slightly below the 7-period EMA (178.144), and the difference is not significant, but still above the 30-period EMA (176.980), indicating possible short-term pressure for a pullback, but the long-term trend still leans bullish.
  3. Volume:

    • Volume peaked at 22:00 on July 24 and gradually decreased, consistent with the price decline from the high, indicating possible outflow of funds at the high.
    • The volume has been stable in the recent few hours but without significant increase, lacking clear changes in market participation.

※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, making it easy for you to 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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