In the early hours, the market dipped to around 95800, where it found support and began to rise. However, it failed to break through the key resistance level of 98500 above, and then the market turned downward. As it stands, this wave of pullback has not yet ended, indicating that the market will continue to adjust slightly downward, but overall, the bullish trend has not changed.
Today's main trading strategy is to focus on buying during the pullback. The current market is operating around 97000, while Ethereum is around 3310. Aggressive investors can choose to establish a base position at these two price levels and enter directly for a long position; those seeking a more cautious approach can wait until this wave of pullback is over before entering.
Regarding this week's market, if the key price level of 100000 above cannot be broken for a long time, the market will face a significant pullback, likely falling to around 92000. Therefore, this week, it is important to avoid blindly chasing long positions.
The suggestions are as follows:
Bitcoin: Buy when the market pulls back to around 95800 - 96300, with target prices of 96800, 97300, and 97300 in sequence.
Ethereum: Buy when the market pulls back to around 3260 - 3290, with target prices of 3320, 3350, and 3380 in sequence.
