In the current market, although the trend is in an upward pattern, the continuity is lacking. The resistance level for BTC is around 96,000, and for ETH, it is around 3,430. If the market cannot achieve an effective breakout in the future, the high-level trading strategy remains unchanged.
From a technical structure analysis, on the four-hour level, BTC successfully reached the upper range of the small cycle after repairing the upward price. Although there was a pin-like breakout above the upper limit, it was clearly suppressed from above and retraced. In the short-term level, the price is slowly climbing while closely adhering to the upper limit. As the current bullish volume gradually shrinks, there is a high probability of a significant pullback in the future.
Trading suggestions:
BTC rebound to around 96,000 - 96,300, look for a drop to 94,800 - 92,800;
ETH rebound to around 3,430 - 3,450, look for a drop to 3,310 - 3,210. #BTC #BTC走势分析 #ETH #ETHETFsApproved $BTC $ETH