Ethereum 1-Hour Technical Analysis:

1. Price Trend

The price previously surged to 3045.47 and faced resistance, then pulled back. It has now broken below short-term support levels, indicating a correction phase.
The latest price at 3002.69 has fallen back into the previous consolidation zone's lower boundary, showing some short-term support. However, if it breaks below, further decline may occur.
2. Indicator Signals

Blue Moving Average (similar to Bollinger Band upper band / MA20): The price has fallen from above this MA to below it, indicating weakening short-term bullish momentum and a market turning weaker.
White Moving Average (short-term MA, such as MA5/MA10): The price has broken below this MA, which is starting to flatten and turn downward, signaling short-term weakness.
Pink Indicator Line: Previously followed the price upward, now in a flattening turn, showing bullish strength diminishing with no clear reversal signal.
Blue Small Circles: These are trend indicator signals, appearing during upward movements. During the current pullback, the number of circles has decreased, confirming trend weakening.
3. Key Support and Resistance

Support Level: The nearby 3000 round figure is an important psychological support. If broken, support below is around the previous low of 2980.
Resistance Level: Short-term resistance is in the 3020–3030 range (previous consolidation platform), with strong resistance at the previous high of 3045.47.
4. Future Trend Projection

Bearish Scenario: If the price cannot stabilize above 3000 support and breaks below, it may test 2980 support or further decline.
Bullish Scenario: If it can hold above 3000 and re-establish above 3020, there is a chance to retest the previous high at 3045.
Key Price Levels and Strategy Recommendations
Price Range
Nature
Strategy Advice
3045.47
Strong Resistance
If the price rebounds to this level and faces resistance, consider reducing positions or short-term selling; if a volume breakout occurs, look for bullish opportunities.
3020–3030
Short-term Resistance
When rebounding to this range, if signs of resistance appear (such as long upper shadows or volume stagnation), consider taking profits or reducing positions.
3000–3005
Core Support
If the price stabilizes and rebounds within this range (e.g., bullish engulfing, decreasing volume doji), consider low buying or adding positions; if it breaks below, stop-loss is recommended.
2980
Strong Support Level
If it pulls back to this level, observe for stabilization signals. If present, consider gradual low buying.
Bitcoin 1-Hour Market Analysis:

1. Trend Judgment

The price previously experienced an upward rally starting near 87200, reaching a high around 90600 before encountering resistance and pulling back.
The latest price at 89013.0 has broken below short-term moving averages, indicating a correction phase.
Overall, this is a technical pullback after an upward trend, but if support levels are lost, further weakness may follow.
2. Indicator Signals

Blue Moving Average (mid-to-long-term trend line): The price has fallen from above this MA to below it, indicating weakening short-term bullish momentum and cautious market sentiment.
White Moving Average (short-term MA): The price has broken below this MA, which is starting to turn downward, a clear sign of short-term weakness.
Pink Indicator Line: Previously followed the price upward, now in a flattening turn, showing bullish strength diminishing with no clear reversal signal.
Blue Small Circles: During the rally, many circles appeared; during the correction, the number of circles has significantly decreased, confirming short-term trend weakening.
3. Key Support and Resistance

Support Level
88800–89000: This is the lower boundary of the previous consolidation platform and the core support zone. If broken, support is around 88000.
Resistance Level
89500–90000: This is the previous dense trading zone and the main resistance area for short-term rebounds.
90600: The previous high, an important resistance for bulls.
4. Future Projection

Bearish Scenario: If the price cannot stabilize above 88800 and breaks below, it may test support at 88000.
Bullish Scenario: If it can stabilize around 89000 and re-establish above 90000, it may challenge the previous high at 90600.
Key Price Levels and Strategy Table
Price Range
Nature
Strategy Advice
90600
Strong Resistance
If the price rebounds to this level and faces resistance, consider reducing positions or short-term selling; volume breakout and stabilization suggest bullish opportunities.
89500–90000
Short-term Resistance
When rebounding to this range, if signs of resistance appear (such as long upper shadows or volume stagnation), consider taking profits or reducing positions.
88800–89000
Core Support
If the price stabilizes and rebounds within this range (e.g., bullish engulfing, decreasing volume doji), consider low buying or adding positions; if it breaks below, stop-loss is recommended.
88000
Strong Support Level
If it pulls back to this level, observe for stabilization signals. If present, consider gradual low buying.