Hello everyone, I am A Gan, interpreting the market trends in the morning
#BTC Bitcoin's lowest point yesterday hit around 92900 and has started to slowly rebound. As of now, it has rebounded to around 95400, with upper resistance at 96300. Only by breaking through here will it rise further. Support is at 93000, with strong support at 91500. In the short term, Bitcoin's trend should slowly climb to around 96000, but it won't shoot up all at once.
#ETH Ethereum's lowest point yesterday dropped to around 3321 and has started to rebound. As of now, it has rebounded to around 3400 and is currently consolidating at this high point. Minor support is at 3250, with strong support around 3310, and resistance at 3450. If it breaks through here, we can look for around 3530. Yesterday, I advised everyone to buy Ethereum when it was off by 1-2 points, which should have successfully allowed them to get in. For those who were watching, they should have hopped on. Those who weren't watching missed this wave and can only wait now. Those who bought at the lower levels can hold until it reaches 3450; if it can't go higher, take half profit, and the remaining can be held for a breakout above 3500.
Currently, the overall market trend is leaning upwards. If there is a strong push in the morning, and both Bitcoin and Ethereum reach strong resistance levels, remember to take half profit. We can decide how to open positions when the U.S. stock market opens tonight.