In the early morning, Bitcoin first experienced a pullback to around 93,000, but there wasn't much continuation of the bearish trend. The market saw a certain degree of rebound, and in the morning it rose to around 94,200, where it faced resistance and retraced. The long positions initiated in the morning were also profitably exited following the trend, but due to the market's lack of clarity, the operations were still based on short-term setups, resulting in limited gains. Ethereum saw a profit of 30 points before exiting, which was relatively sufficient. In this realm of cryptocurrencies filled with opportunities and risks, if one wants to navigate this investment path steadily and achieve ideal results, one must first have relatively sound investment skills. However, most friends still operate blindly, leading to losses throughout the year. Those who do not understand can continue to follow along and learn from the experience here.

From the current market perspective, the daily chart shows a small bearish candle closing down, indicating insufficient sustainability in the short-term rebound. The upper resistance has slightly moved down, limiting Bitcoin's rebound space. In the back-and-forth oscillation of the daily chart's alternating bullish and bearish candles, a clear trend is not yet discernible; for now, it should be treated as oscillation, with a focus on the support and resistance around 92,000. If it breaks down, it will weaken; if it holds, it will continue to oscillate. The four-hour chart shows a high-level consolidation and testing of upper resistance over the weekend with no results. Following the weekly close, the current form remains a doji candle. A slight pullback yesterday caused insufficient continuation momentum for the bulls, showing slight signs of weakening, but the space is small and a clear trend is not yet visible, currently building momentum in oscillation. The hourly chart tends to face minor pullbacks against the mid-track resistance, and during the day, attention should be paid to whether the market will oscillate down to test yesterday's low support.

Bitcoin is hovering around 93,400 with a target near 94,200. Ethereum can be bought in the range of 3,370-3,400, targeting around 3,460. #BTC上攻11万？ #加密市场调整 $BTC $ETH