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Dear friends, good evening everyone. Yesterday, I provided several important ranges: Bitcoin at 95200, 96400, and 97200, which have now been reached in order. The second coin has been consolidating recently, and the daily line has stayed above 3300. On that day, it primarily surged, rising from a high of 3330, and around ten thirty in the evening, it spiked close to the 3520 resistance zone mentioned yesterday.
Bitcoin's performance throughout the day has been a constant upward struggle, with buying occurring during the rebounds at 9 AM, 1 PM, and 4 PM, further aiding the upward movement. Around 9:45 PM, the indicators began to feel pressure due to negative unemployment data, leading to a sell-off, with a spike dropping below the 96000 level, quickly rebounding to refresh the high, reaching the third important position of 97200 mentioned yesterday.
Regarding the future market, there has been significant volatility recently. After breaking above 97000, many short positions have been cleared. Currently, it may experience some pullback as profit-taking occurs. However, since it has broken the level, it may clear another level again and continue halfway. The sequence is not critical; both the upper and lower spaces are opened, and the expected structures will materialize.
Currently, Bitcoin is fluctuating around 95200-98588, trading high and low around this range, with the second coin synchronously moving in the range of 3440-3540. Ethereum's one-hour center is in the range of 3340-3440, oscillating around the center near 3400. If the center transitions to the bottom, it will need to pull back a bit to sync with Bitcoin. During the Bitcoin period, it is likely to oscillate, just moving around the box is sufficient.
$BTC #btc
Bitcoin's performance throughout the day has been a constant upward struggle, with buying occurring during the rebounds at 9 AM, 1 PM, and 4 PM, further aiding the upward movement. Around 9:45 PM, the indicators began to feel pressure due to negative unemployment data, leading to a sell-off, with a spike dropping below the 96000 level, quickly rebounding to refresh the high, reaching the third important position of 97200 mentioned yesterday.
Regarding the future market, there has been significant volatility recently. After breaking above 97000, many short positions have been cleared. Currently, it may experience some pullback as profit-taking occurs. However, since it has broken the level, it may clear another level again and continue halfway. The sequence is not critical; both the upper and lower spaces are opened, and the expected structures will materialize.
Currently, Bitcoin is fluctuating around 95200-98588, trading high and low around this range, with the second coin synchronously moving in the range of 3440-3540. Ethereum's one-hour center is in the range of 3340-3440, oscillating around the center near 3400. If the center transitions to the bottom, it will need to pull back a bit to sync with Bitcoin. During the Bitcoin period, it is likely to oscillate, just moving around the box is sufficient.
$BTC #btc
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BTC
98.184
-0.01%
ETH
3.655,38
+1.28%
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