#BTC (four-hour timeframe).
We saw a reversal of the instrument at the resistance level of $99,500.
The RSI line crossed the 50 mark from top to bottom and the exponential moving average EMA 21, which indicates an increase in selling pressure.
In the trading area of $95,300, the instrument may rebound with another attack on the volume level of $97,400.
However, a full-fledged Bitcoin rebound is possible at the trend support line around $93,000.
An additional signal for its onset will be the return of the RSI values above the EMA 21.
We also have unaffected liquidity in the area of the local price minimum at around $90,500.
Many traders expect it to be lifted, which, in my opinion, increases the likelihood of an early reversal.
The signal to strengthen the bulls' positions will be the consolidation of Bitcoin above the POC mark ($97,400).
Once this happens, it is more likely to mean a subsequent breakdown of $100,000.
#ETH. Ethereum once again broke away from the resistance around $3,540.
On the pullback, the price broke through the trading level of $3,400, the next support level is located at around $3,305.
The total market value of digital assets decreased by 1.05% over the past day, and the dominance of the main cryptocurrency increased by 0.65%.
It is noteworthy that the volume of BTC reserves on the Binance platform has decreased to the level that was observed in January 2024.
Last time, a similar decrease in reserves led to a 90% increase in the price of Bitcoin in March.
