The recent trend of Bitcoin (BTC) is characterized by a pullback of about 5,000 points after each breakthrough of a new high.
Although 93,300 is very close to $100,000, from the current price, the cost of breaking through 90,000 or above is high, and the risk is also relatively large, because there may be a staged top.
Chasing highs is easy to be trapped at high levels. Therefore, when operating in the short term, you can focus on the retracement to 88,800, 88,600 or 88,200 as the first low-absorbing point, and use 88,000 as a defensive position.
If the price falls below 88,000, you can enter the market in batches at 87,700, 87,450 and 86,350. When rebounding, the target profit-taking positions are 89,850, 90,850 and 91,600 respectively, and the tail position can be kept at 92,000-93,000 as the profit-taking point.
The short-term support level of Ethereum (ETH) is 3,120. If it falls back to the range of 3,160-3,122, you can consider entering the market and defend 3,112.
The profit-taking points for the rebound can be set at 3,220, 3,260, 3,288 and 3,316. Since ETH is relatively weak, it usually follows the decline of Bitcoin without obvious rebound, so it is not suitable for chasing high operations.
Solana (SOL) has a support level of 204.85. If it falls back to 208.65-204.85, you can buy it in batches. The stop-profit points when it rebounds are 217.50, 219.50 and 222.50, and the defense level is set at 200.25.
