Technical Analysis: Bitcoin: BTC

From the daily chart perspective, Bitcoin's candlestick trend is bearing a downward trend, having filled the gap from last Friday's downward spike, and has completed a second downward probe.

The current key support on the daily chart is around the 92,000 point mark, and attention should be paid to the strength of support at this position. #BTC走势分析

The 4-hour chart shows that after a four-wave decline, the market briefly rebounded, currently stopping near the 92,500 point mark.

If it can hold this position today, Bitcoin's market may welcome a correction. The overall trend still presents a fluctuating downward pattern.

In today's operations, focus on the support in the 92,500-91,500 range below, and the resistance is between 96,500-97,500 above.

Ethereum: ETH

Compared to Bitcoin, Ethereum's performance is relatively.

On the daily chart, the recent market has clearly entered a bottoming phase, experiencing multiple fluctuations up and down yesterday, with buy orders gradually coming in, and today it has risen strongly, recovering losses from the previous two days.

Although technical corrections are a normal phenomenon, the pressure from the moving averages above on the daily chart is still significant. The 4-hour chart shows that the market mainly fluctuated in the 3,350-3,280 range yesterday, and successfully broke through in the morning session today, with technical trends turning positive.

In today's operations, pay close attention to the support in the 3,350-3,300 range, look for rebounds, and above, focus on the resistance in the 3,500-3,550 range. #币安Alpha公布第5批项目 #币安LaunchpoolBIO #BinanceLabs投资Usual #本周微策略是否继续增持BTC?

I am long-term bearish, if you currently do not know how to layout, you can come find me and we can discuss together!