Thursday, high-level fluctuations, pressure at 100,000 not broken, first short then long
Yesterday's market continued to operate in a range, with prices remaining between 99,500 and 97,500, neither bulls nor bears managed to break through. Currently, the coin price is fluctuating in the 99,200 area, with key attention on the pressure situation at the 100,000 line; if it does not break effectively, it is expected to continue in a fluctuating form.
In the 4-hour chart, the market has repeatedly shown a downward probe followed by a rebound. In the short term, we do not rule out a tug-of-war between bulls and bears. Although the current coin price has shown a series of upward candles, it can be seen that after yesterday's large upward surge, the bullish momentum is gradually slowing down, so it cannot be said that a reversal is happening. For today, it is advisable to treat it with a fluctuating mindset, with a lower probability of a one-sided trend; focus more on short-term strategies, and proceed with first short then long!
Bitcoin in the 99,400-99,700 area, target focus on the 97,500-97,000 range, if it goes down, do not continue to reverse.
Ethereum in the 3,500-3,520 area, target focus on the 3,450-3,420 range $BTC $ETH $XRP #比特币战略储备 #比特币市场波动观察 #BinanceLabs投资Usual