From the 4-hour chart perspective, Bitcoin currently faces resistance at 96,000 and support at 95,000. If it moves down, it will continue to operate within the range until the bottom line of 92,000. If it moves up, the bulls will once again attempt to challenge the 100,000 line. Ethereum currently faces resistance at 3,420 and support at 3,350. Similarly, it is operating within a range structure. If it moves down, it will continue to break through to the bottom line of 3,200. If it moves up and breaks through, the bulls will again try to challenge the 3,500 line. Currently, it is near the support level, and it is recommended to focus on going long at lower levels until a breakout occurs.
Thursday Night Thoughts and Trading Suggestions
Bitcoin can be bought in the 95,000-94,500 range, targeting near 98,000.
Ethereum can be bought in the 3,320-3,280 range, targeting near 3,500.