1.8 Afternoon Insights and Action Suggestions
BTC
The big coin was smashed last night, directly sliding from 100,600 to below 96,000. It seems that if the bottom line of 96,000 cannot be held, we may have to look towards 93,175. The rebound after this wave of decline is quite weak; let's first see if the pressure level of 96,900 can be broken. Only if it breaks through, the rebound will gain more strength. The next pressure levels are 97,900 and 99,500. If we can't get above 96,900, then 96,000 will also be in danger, and the support below will be at 94,500, 93,175, and 92,000.
ETH
As for the second coin, I mentioned last night that if the daily line can't close above 3,500, the rebound will be in jeopardy. Now the daily line support has been broken; if it can't push above 3,500 this week, the weekly line will also turn bearish. Want to pump it? It depends on fate. Currently, the small trend is still downward, with support below at 3,300, 3,215, and 3,104. The pressure level for a small rebound is 3,392, at least it must break through this for the rebound to have some semblance. The pressure levels above are 3,463 and 3,545.
