Weekend, morning analysis of Bitcoin's price trend!
Don't let a little pressure make you feel overwhelmed! Don't let a bit of uncertainty make you think the future is bleak! Don't let a little setback bring you down! Good morning everyone, I am Chen Bing!
I don't know if everyone has noticed, but from the hourly chart, the recent trend is quite interesting. Whether it's Bitcoin or Ethereum, both are showing a pattern of slow upward oscillation! A temporary high to attract buyers! Luring the bulls in, then washing out the positions! It's not hard to see from the chart that this has already happened several times! So, the best approach for the recent trend is to avoid chasing the rise, as it's easy to go up but hard to come down! Today, we will maintain the idea of a rebound around the Bitcoin price!
Bitcoin rebound around 95800, looking down at 94000-93500
Ethereum rebound around 3430, looking down at 3350-3300
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