Regarding the effects caused by breakthroughs and failures to break through the same key support, we successfully witnessed the polarized trends caused by breakthroughs and failures early in the morning. #btc
The major cryptocurrency broke below support, once again welcoming a round of comparative bottom testing, while Ethereum found support and continued to rebound to make up for losses.
After the morning rebound was under pressure, the day is still primarily focused on finding short-term resistance levels, with two obvious resistance levels in the morning (94600-95000) and (3420-3430).
In terms of potential downward movement, the continued weakening of the major cryptocurrency could allow for another bottom test or even a break below (93000-92000) within the day.
Meanwhile, Ethereum's rebound will prevent the downward momentum from being too strong, and the primary target for a pullback must be to reduce positions or defend costs at 3350, ultimately looking for opportunities to drop to 3280. #eth