12.2 Afternoon Market Analysis
BTC Market
Morning close at 97265, then retraced to around 97150, briefly rebounded to 98250 before falling back again, currently fluctuating around 97400.
ETH Market
Morning close at 3710 USD, retraced to around 3695 USD then rebounded to 3766 USD, currently consolidating around 3735 USD.
Technical Analysis
Four-hour Structure
BTC bullish trend is obvious, with key resistance above at around 98000, and support below at 96800, with stronger support around 96300.
One-hour Structure
BTC short-term bullish trend continues, with support still at 96800.
Four, Afternoon Operation Suggestions
BTC suggests to set long positions in the range of 96800 - 96500, targeting 97800 - 98100.
ETH suggests to set long positions in the range of 3700 - 3680, targeting 3750 - 3770.
Operations should focus on stability, paying attention to breakthroughs and defense at key levels.