The long positions entered in the morning left at noon. The midday price comparison continued to fluctuate upward but could not break through the key level. The market did not show significant volume expansion and maintained a narrow range correction trend. The real market also did not continue to wait meaninglessly and exited the market.
From the current market perspective, the daily level fluctuations tend to be dull, failing to develop a strong one-way trend. We still need to wait for a breakout to open a new range direction. From the four-hour level, the price of the coin fell back after a surge yesterday, entering a state of lethargy again, and has not effectively broken through the middle track. Additionally, the bears have once again increased their volume, with the trading volume clearly stronger than the bulls. In the short cycle, there are no signs of opening the operating channel, and the price comparison has continued to rise after a pullback. However, due to the existence of resistance above, it has pulled back again, and in the short term, bears are regaining dominance. That being said, we currently anticipate a continuation of the bearish trend, with the main bullish outlook remaining unchanged as long as the bottom support holds.
Bitcoin 95200-94900 long, target around 97500
Ethereum 3610-3590 long, target around 3750. #Layer1公链普涨 #RWA板块普涨 #下一个换谁涨? #微策略持续增持BTC