11.12 Midday Bitcoin / Ethereum
The hourly chart continues to trade narrowly between 103,000 and 103,500. The support level below has been tested multiple times without effective breakdown, showing some resilience to declines. However, the upward momentum also lacks the strength to break through, currently resulting in a sideways pattern of balance between bulls and bears.
In the MACD indicator, DIF and DEA remain below the zero line, indicating a bearish trend; however, the green bars are continuously shrinking, reflecting that the bearish momentum is gradually weakening. In the short term, d

11.12 Ethereum Latest Analysis
- Daily Chart: Continuous resistance at the midline followed by a series of downward candles, indicating a weak trend; MACD histogram turns green then crosses below, RSI drops below 40, continuing the bearish trend. If it fails to hold above 3450, downside risk increases, with key support focused on the 3350-3300 range; 3300 is a short-term strong support level.
- 4-Hour Chart: Weak oscillation along the lower Bollinger Band, MACD green bars continue to expand, RSI remains low, indicating severely lacking upward momentum. Although a technical rebound may occur, i

11.12 Latest Analysis of Bitcoin
- Daily Chart: Three consecutive bearish candles encountering resistance at the midline, with rebound momentum exhausted; MACD histogram shrinking and approaching a death cross; RSI falling back to 40. If it cannot stabilize above 104,500, the price may continue to decline, with key support focused on 102,000-100,000 (100,000 USD as a strong psychological level).
- 4-Hour Chart: Moving along the lower band, with the midline at 104,200 forming strong resistance; MACD shows a bearish crossover with increasing volume; RSI dropping to 35, indicating a bearish domin