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In the past few hours, the price of BTC has shown a oscillating rise trend, rebounding from around $2400 to above $2440, indicating that long positions are in the lead. On the daily candlestick chart, after a significant rise, a small bullish line with a long lower wick was formed, indicating that there is still some buying support in the market.
Currently, BTC faces a key resistance zone between $2455 and $2460. This area is an important resistance level on the recent daily candlestick chart, and if the price approaches this level, it may encounter selling pressure, leading to a fallback. On the other hand, around $2410 forms an important support level, which coincides with the previous hourly low and the EMA 7 moving average. If the price can hold this support level during the pullback, it may attract more buying interest and push the price further rise.
For Ethereum, it is currently in a similar oscillating upward trend. Market participants should closely monitor the movement in the $2460-2490 range, which may be a key short-term resistance level. If this range is broken, it may trigger a new round of rise; otherwise, if it fails to break through, it may fall back to the $2385-2410 support range.
Overall, the cryptocurrency market is still in a volatile pattern in the short term. Investors need to remain vigilant and pay attention to the breakthrough or Rebound of key price levels in order to seize potential trading opportunities. At the same time, be mindful of market risks, manage positions reasonably, and practice risk management.