Crypto Circle Mr. Coin: 1.2 Bitcoin (BTC) Market Analysis Reference

The overall daily trend of Bitcoin maintains a wide range of fluctuations, with both bulls and bears pulling back and forth over a thousand points. After a low rebound at the 92890 level, the bulls slightly gained strength in the early morning, bringing the price back above 94000. However, the subsequent supply was insufficient, and the market did not stabilize for further upward movement. Compared to yesterday's trend, the fluctuation range has slightly compressed. If the price cannot break out with strong rebounds and surpass the resistance around 96000 from yesterday, it is expected that the fluctuation market will continue for some time.

Looking at the short-term hourly chart, the market is under pressure and has retreated. The current price is fluctuating back and forth within a range, entering a rhythm of oscillation. The current price is around 94500, and it is expected that the price will further test downwards. Mr. Coin suggests that all coin friends prepare in advance. The current trend is about to approach the middle track support. If the price falls and breaks below, there is a risk of further testing the 92000 level.

The overall trend of Bitcoin still maintains a wide range of fluctuations, without breaking through the support and resistance levels, so the operation should maintain high shorts and low longs.

1.2 Bitcoin Short-term Reference:

Long position: Buy in the range of 92000-91500, stop loss at 90500, target above 94000,

Short position: Light short in the range of 95700-95000, target 500-1000 points, stop loss at 97000,

1.2 Ethereum Short-term Reference:

Long position: Buy in the range of 3280-3250, stop loss at 3150, target above 3320,

Short position: Short in the range of 3380-3410, stop loss 30 points, target 50-100 points,

Messages may be delayed, strategy suggestions are for reference only, the market changes rapidly, regardless of how accurate the market judgment is, take profit and stop loss must be managed well, secure the profits.