Today's Highlights
Bitcoin (BTC):
Bitcoin broke through the lowest point near 92,000 today and has shown a rebound, but yesterday's closing was a solid bearish candle, and the trend is not optimistic.
The current key support level is in the 90,000-92,000 range, and it is necessary to pay attention to whether it will break down. If the support holds, a rebound may occur, with resistance above in the 98,000-102,000 range. Overall, there is currently not much evaluation on Bitcoin's trend, mainly focusing on the volatile market.
If the market can rebound, contract traders can operate flexibly, and the most important thing in the short term is to observe whether Bitcoin can break through its historical high.
Ethereum (ETH):
Yesterday, Ethereum's daily line closed with a small bearish doji, and it did not break below 3,200 points, currently in a stabilizing state.
However, the 3,500-3,600 range remains the main resistance level in the short term. Pay close attention to the breakthrough at 3,800 points; only if it stabilizes above 3,800 can it meet the possibility of further challenges. If Bitcoin can stabilize above 3,800 again, it may push Ethereum to break through 4,000 points and finally break through the 4,500-4,800 range.
Whether it can break through the historical high is still difficult to assess, but the 4,500-4,800 range is an important price level worth noting.
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I am bearish; if you currently do not know how to position yourself, you can come find me to discuss together!