#BTC上攻11万? $BTC $ETH
Since last night, the market has been consolidating, with the highest resistance level approaching 96500 and the lower support at 95000. The consolidation overnight proves that today's morning movement will not be small. Our bearish outlook from last night has been somewhat realized, and we are currently around 95400.
The four-hour candlestick chart shows that after the candlestick broke below the EMA trend indicator, it has been consolidating above 95000 for an entire day. MACD is showing a decrease in volume downwards, with the DIF and DEA dead cross trend expanding. The Bollinger Bands indicate clear resistance at 97000, with support at 93000. The overall trend is now consolidating around the middle band, with the upper band resistance at the 100000 mark.
Bitcoin strategy: Sell around 95500-96000, target 94000
Ethereum strategy: Sell around 3340-3320, target 3240