From the perspective of the four-hour chart, Bitcoin is currently in the phase of testing the support strength at the 95000 line after a normal pullback operation.
The support level is steadily moving upwards, and if this position can hold, there is a chance for an upward movement.
The short-term resistance is mainly concentrated in the area between 96500 and 97500. The market tested both sides last night, but did not form a sustainable trend, remaining in a state of fluctuation overall.
Speaking of support levels, Bitcoin's key support level is currently at 94100 (EMA90 trend line). If this position is effectively broken, it may have to test the 90000 mark.
Additionally, the range from 3580 to 3550 is a very important support level for Ethereum and needs to be closely monitored.
Regarding resistance levels, in the short term, Bitcoin needs to pay attention to the area between 96500 and 97500, while Ethereum should reference the range from 3650 to 3700. Although the market tested these levels last night, none managed to break through successfully.
