The 30-year line is about to close, what will be the subsequent trend of Bitcoin?

Everyone has witnessed the market over the weekend. After dropping to a low of 93,440 in the early hours of Saturday, it started to rebound. The market fluctuated throughout the day until it rebounded again to around 95,700 in the early hours of the weekend, then fell again, reaching a new low of 92,961 before rebounding to 94,240 this morning.

In summary, the lows have been consistently moving downwards. I believe many people have been bearish recently, which is not surprising for someone like me who is bullish. Indeed, the market has been relatively weak these past two days without any upward momentum. However, as long as we do not break through 92,200, I will maintain a bullish stance.

Whether bullish or bearish, both high shorts and low longs have profit potential. Of course, it has been easier to take high shorts lately since the market has been fluctuating downwards. As I always say, find the right points to position yourself; both bullish and bearish strategies can be executed as the overall larger range has not yet been broken.

For intraday trading, focus first on the early morning low of 92,961 for a potential rebound. Watch for resistance at 95,700 above. As long as this range is not broken, aim to sell high and buy low.

Ethereum is still quite strong. I don't know if you remember how high Bitcoin went the last time Ethereum was this strong. Is it possible for Bitcoin to reverse and rise again? It isn't out of the question. Therefore, for Ethereum, pay attention to the resistance at 3,445. If it breaks through, look for continuation; if it doesn't, expect a drop.

Dogecoin has recently been favorable for buying near 0.31. For intraday trading, keep an eye on the 0.33 level. If it doesn't break, look for a short; if it breaks, look for a bullish move. Try to maintain a low long position, especially around 0.31.

I am Hongding. Breaking the ice requires just one follow, giving you a different experience. Thank you to all my fans who have always supported me. Once I reach a thousand followers, I will live stream for everyone daily!