📌01 Yesterday's Review
BTC: Lowest point yesterday 91864, highest point 97250, fluctuation 5386, amplitude 5.8%
ETH: Lowest point yesterday 3305, highest point 3688, fluctuation 383, amplitude 11.6%
📌02 Today's Analysis
BTC
Bitcoin is currently at 95700, and I predict it will be very difficult to reach the 100,000 mark this year. Although it's within reach, '100,000' has already become a fixed target in the minds of many users, but it can be seen that Bitcoin is showing a volume decline in the drop and a volume contraction in the rise, which is very obvious. I expect another rise to 98000 will be the mid-term top for Bitcoin, and breaking through 100,000 may have to wait until next year!
Short-term resistance for Bitcoin: 98000
Short-term support for Bitcoin: 92800
ETH
Auntie is currently at 3600, having reached a high of 3688 last night, which is not far from my predicted 3660. The important thing is that I made this prediction when Auntie was at 3350 yesterday, so a 9% increase hitting the top proves that Brother Long's line analysis logic is correct at this stage. The small resistance above is at 3675, and strong resistance at 3840!
Short-term resistance for Auntie: 3675 3840
Short-term support for Auntie: 3503
📌03 Article Summary
The recent rise of Bitcoin is mostly due to automatic market makers buying in, and new funds are showing signs of exhaustion. Pay more attention to escaping the top after a rebound. Those holding Bitcoin should sell a portion and wait to re-enter at lower levels!
The next target for Auntie is 3850, with strong resistance. If it reaches and shows a significant pullback, it might be a short-term top signal. Be cautious of the large pullback risk in altcoins, and try to reduce positions as much as possible when at a high level!
Feel free to ask me any questions you may not understand, welcome to join Brother Long's family!