11.20 Wednesday Market Analysis:
Bitcoin has been rising stepwise from around 90900 at midnight to around 93900, then retracing to around 91300 early morning, currently rebounding and fluctuating around 92000.
Ethereum rose from around 3075 to around 3150, then fell back to around 3065, before rising to around 3135, currently fluctuating around 3105.
From the current four-hour structure, Bitcoin's momentum is increasing, with the first support line around 91300, the second support line around 90500, and the resistance line above around 93000. From the one-hour structure, Bitcoin's momentum is increasing, with the first support line around 91000 and the resistance line above around 92300, and the second support line around 93000.
Afternoon trading suggestion:
Bitcoin retraces to around 91600-91300, look towards around 92300-92600.
Ethereum retraces to around 3090-3070, look towards around 3140-3160.
Personal trading suggestion: mainly focus on buying Bitcoin, follow the trend, and strictly execute stop-loss.