Yesterday evening, the coin price dropped to a low, touching the 95153 line before stopping its decline. It has entered a phase of震荡盘整. As of today, the price is still in a range-bound movement and has not shown any breakout. After being tested by bears in the past few days, Ethereum has also rebounded today.

From the current market perspective, it remains in a震荡状态, with no obvious trends shown in the Bollinger Bands and MACD. Currently, there are no significant利箜 or利哆 news impacting the market. Key focus for today should be on the short-term resistance at 98000, and we need to pay close attention to whether the 95000 support level can hold. If it is effectively broken before the US stock market closes, the subsequent downside target could be seen at 93000.

Trading Suggestions

Bitcoin can be shorted around 96500 with a target of 93000.

Ethereum can be shorted around 3400 with a target of 3330.

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