Evening Insights

Bitcoin

Bitcoin started to rebound around the low of 93000 last night, and currently, it is beginning to rebound on an hourly level. The rebound strength is not too strong. First, we will look at the small-level support at 93650. If this position is not broken, we will continue to look for a rebound. The upward resistance for the rebound is at 94600, 95700, and 96600. A breakthrough above 94600 on at least a four-hour closing will indicate a stronger rebound. If the hourly closing breaks below 93650, this small-level rebound will end again, with lower target support at 92500, 90300, and 88000.

Ether

Ether's rally in the morning was quite strong, directly surging to the first resistance level. Currently, on a four-hour chart, it is once again pushing up bullishly. Pay attention to the lower support at 3380; if this position is not broken, Ether will experience a four-hour and daily level rebound. The upward target resistance is at 3500, 3550, and 3620. At least a four-hour closing must break below the 3380 level again for Ether to have a second dip, with lower support at 3325, 3220, and 3100.