Monday, Bitcoin fluctuates between 95000 in the evening session, looking for a rebound continuation!!
Hello, fans and friends, good evening! I am Xu Bin, a new week, a new starting point. Last week was mainly trend trading, with each trade providing a range of 3000 to 5000 points. Congratulations to all the fans who kept up! This week we continue to push forward, let’s work hard together!
Currently, from the 4-hour chart, Bitcoin's trend seems a bit unstable. After a brief pullback, it has not stabilized but continues to remain sluggish. We are currently in the initial ABC phase of a downward trend, and this process has not yet concluded. The short-term low points are gradually rising, indicating a demand for a rebound. Therefore, today’s strategy favors looking long first, and then we will grasp the downward C wave based on resistance levels.
BTC short-term: 95400–95000 long, target 97000
ETH short-term: 3320 long, target 3475
No need to say more about being long, there’s not much time left for the end-of-year sprint! I’ve mentioned everything that needs to be reminded. If you don’t understand, you can consult Xu Bin. #PCE通胀降温 #市场调整後的机会? #加密市场盘整 #比特币战略储备 #比特币市场波动观察 $ETH $BTC $XRP