Liying Talks Crypto: Analysis and Recommendations for the Latest 10.5 Bitcoin (BTC) and Ethereum (ETH) Market Trends
The current price of Bitcoin is 85,330, which is quite interesting. After surging to 87,385 recently and then pulling back, it now seems compressed like a spring, probing in both directions. The technical indicator EMA moving average system shows a bullish alignment, with no damage to the medium and long-term trend. The MACD’s DIF and DEA are glued above the zero axis, showing weakened upward momentum but not turning bearish. The Bollinger Bands have narrowed to the 84,357–85,327 range, with the price running close to the upper band. If it breaks above 85,400 with volume, a new space may open up; otherwise, it might easily pull back to the mid-band at 84,842 to confirm support.
Liying’s Price Predictions for Today
For conservative traders, buy on the pullback and stabilization in the 84,800–84,900 range, with a stop loss below 84,500.
For aggressive traders, buy on the breakout above 85,400, with a stop loss at 85,100.
Short positions: Wait and observe; if it falls below 84,300, try shorting with a small position, stop loss at 84,700, target 83,800–83,500.
Ethereum Analysis
The current price of Ethereum is 2,700. Honestly, the trend now feels like it’s preparing for a big move. It’s been moving sideways between 2,680 and 2,720. The price is compressed at the confluence of several moving averages, just like a spring at its limit. On the 2-hour chart, it’s at the end of a classic converging triangle. The three moving averages are extremely close, meaning the short-term and medium-term holding costs have converged, and the market is about to choose a direction. The MACD indicator’s DIF and DEA values are minimal, implying the consolidation is about to end. The price is currently just above the mid-band at 2,688. This narrowing pattern usually suggests a strong one-sided move is about to erupt, and volatility is accumulating.
Price Reference
ETH is in a narrow range awaiting a breakout. Suggest focusing on the breakout.
Aggressive: Try long at 2,700; Conservative: Buy after breaking 2,710, targeting 2,750–2,780.
If the rebound stalls at 2,725–2,730, consider shorting, aiming for 2,680. Always use stop loss.
Protect longs at 2,665, shorts at 2,745.
If key support at 2,660 is broken, exit longs immediately to prevent deeper declines.
