Sunday morning analysis, after rebounding in the 99000 area on Friday, adjustments have occurred. Currently, it is still oscillating above 98000 in the short term. In the short term, the adjustment following this large bullish candle is within a normal range. A step back consolidating with each move is more stable in an upward cycle. As long as the pullback does not break below the strong support level of 95800, a slight adjustment will still maintain an upward oscillation rhythm in the short term.
As for the current trading day, after the rebound breakthrough, there was a large bullish candle that narrowed, and the rhythm remains stable. The upper pressure is mainly concentrated in the rebound high point of 99000 yesterday, which is also the upper pressure zone of the Bollinger Bands on the 4-hour level. After a tentative upward test on Friday, it could not sustain, and the market remains in an oscillating range, with the first support level focusing on the 96500 area.
On Sunday, Bitcoin's line backtested around 97500-97800, 👀99000
Ethereum's line backtested around 3580-3600, 👀3700#加密市场反弹 #币安全球用户突破2.5亿 #BIO开盘 #ADA热度上升 #比特币诞生16周年 $BTC $ETH