📌01 Review of Yesterday
BTC: Yesterday's lowest point was 92464, highest point was 96499, fluctuation 3034, amplitude 4.2%
ETH: Yesterday's lowest point was 3214, highest point was 3465, fluctuation 251, amplitude 7.8%
📌02 Today's Analysis
BTC
Bitcoin is currently at 93800, about to reach the end of a descending converging triangle. Pay attention to the support at the bottom of 92000. If it breaks below the support, it is bearish; if it breaks above 95000, it is bullish. Keep an eye on the recent trend; the time to choose a direction is coming!
Bitcoin short-term resistance: 95000
Bitcoin short-term support: 92000
ETH
Ethereum currently at 3370, short-term support at 3280, minor resistance at 3450. Ethereum's short-term performance is slightly stronger than Bitcoin's. The funds for Ethereum ETF are starting to gradually increase, which is an important key for future price increases.
Ethereum short-term resistance: 3450
Ethereum short-term support: 3280
📌03 Article Summary
In the last 1-2 days, a direction will be chosen. It is recommended not to be fully invested in this position. We are currently in a rebound phase of a downward channel, reducing positions during the rebound is crucial. Protect the principal. Bitcoin is currently at a high level. If it effectively breaks below 92000 in the short term, that will be a dangerous signal. Pay attention to risk management!
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