Daily level Bitcoin rebounded after testing the bottom line of 92000 for the second time, currently probing up to the 99000-100000 line before facing pressure and falling back, the current resistance level is 98000, a breakout looks towards 99000-100000, support at 95000-96000. Ethereum on the daily line also rebounded after testing the 3200 line for the second time, yesterday probing up to the 3500-3550 line before facing pressure and falling back, the current resistance level is 3420, support at 3350. Overall, the market is biased towards a range-bound operation, the larger direction needs to wait for the structure to be established before following the trend;
On the 4-hour chart, Bitcoin currently sees resistance at 96000 above and support at 95000 below. If it goes down, it will continue to maintain range-bound operation until the bottom of 92000. If it goes up, bulls will once again start to impact the 100000 line. For Ethereum, the current resistance is at 3420 above and support is at 3350 below. Similarly, it is in a range-bound structure, with a downward continuation to break through to the bottom of 3200, and an upward breakout will again open the bulls to impact the 3500 line. Currently, it is near the support level, and it is recommended to mainly operate with low buys before the breakout.
Bitcoin can be bought in the range of 95000-94800, targeting around 98000.
Ethereum can be bought in the range of 3340-3330, targeting close to 3500.
