In the past few hours, the Bitcoin price has gradually converged amid fluctuations, with both bulls and bears engaging in a tug-of-war around 96,000. In the early morning, it briefly dipped to a low near 95,739, but then buying gradually entered the market, pushing the price slightly back up to the current level around 96,180. Although intraday volatility has narrowed, the funding situation shows a net inflow of about 350,000 USD, indicating that some investors are trying to accumulate positions at this level. Market sentiment is cautious but there is a willingness to buy on dips.
From the hourly chart structure, Bitcoin is currently at a key short-term watershed. The 96,000 round number below forms an important short-term support. If it can repeatedly confirm stabilization at this position in the evening, it is expected to attract more buying, pushing the price to rebound towards the 97,000-97,500 area. Currently, the MACD indicator is still in a weak zone, but green bars showing bullish momentum have initially shown signs of convergence, suggesting that short-term bearish strength is weakening. If the price can hold above 96,000 with a moderate increase in trading volume, a rebound may unfold accordingly. Conversely, if it effectively breaks below this support, it may further dip towards around 95,500 to seek balance. It is recommended to observe for the time being and follow the trend once the direction is clear.
Short-term operation suggestions: Buy Bitcoin around 95,800, with a stop loss on a break below, and target around 97,500, synchronizing with Ethereum! $BTC $ETH #加密货币普及
Recently, the Bitcoin market has been incredibly smooth, with prices sliding down like on a slide, dropping 'whoosh' downwards, and in the hourly chart, there hasn't been a decent resistance in sight. I have repeatedly reminded everyone: don't easily try to catch the bottom; the bearish trend is not over yet! Sure enough, the market has directly given us face, dropping decisively. Those friends who stubbornly chased the long positions are probably regretting it now. To put it bluntly, the trend is right here; going against the trend is just opposing yourself. We have stuck to our bearish strategy and have certainly made a good profit!
Looking ahead at this market, I’ll say it clearly: it has to continue to fall! Don’t be fooled by the fact that it has dropped a lot and might bounce back; any rebound is just a free opportunity to short. Why? The market sentiment has already collapsed; those trying to catch the bottom are getting buried as soon as they enter, and the major players have no intention of supporting the market. From the chart, every small rebound looks like a 'flash in the pan,' with the highs getting lower and lower, indicating that the bulls can't muster any strength. To put it plainly, the current market is like pushing a stone down a mountain; as soon as you loosen your grip, it rolls down even faster. If you really want to make a move, remember these eight words: 'Short at highs, smash at bounces'! Don’t wait for any miracles; until the trend reverses, the bears are in charge!
Short-term trading advice: Short Bitcoin around 96,800; target near 95,000. Short Ethereum around 2,700; target near 2,650. $BTC $ETH #加密货币普及
From the Ethereum 1-hour trend over the weekend, the market overall shows a state of adjustment. The price gradually retreated from around $2726 on Saturday, reaching a low of $2643 on Sunday, a decline of about 1.4%. Although there was a slight rebound in between, the momentum was weak, with a net outflow of nearly $90 million, indicating clear short-term selling pressure.
From the market observation, there is strong resistance around $2750 for Ethereum. After multiple attempts to break through without success, it has chosen to test support downwards. Currently, around $2640 is a key position; if it breaks below, it may further test the psychological level of $2600; if it holds, there is a chance to rebound back towards $2700. The MACD indicator shows that short-term downward momentum has slowed, but overall it is still in a weak area and needs more time to digest the selling pressure.
Short-term trading suggestion: Short Bitcoin around 96600, target close to 95000; Short Ethereum around 2685, target close to 2600. $BTC $ETH #市场清算
The price of Bitcoin is struggling significantly, showing a clear downward trend overall. It has been sliding down from its peak, and although there have been a few minor rebounds in between, every time it tries to move upwards, selling pressure quickly brings it down. The price continues to refresh daily lows, indicating that there are more and more sellers in the market, and buyers are unable to hold their ground. In terms of funds, large amounts of capital are continuously flowing out, showing that many investors are choosing to withdraw or adopt a wait-and-see approach at this time, leading to a cautious market sentiment. This persistent downward trend reflects that bears are completely in control in the short term, as the price cannot even manage a decent rebound, with the overall pace firmly held by the bears.
Next, Bitcoin is very likely to continue its decline. From a technical perspective, the current downtrend is very solid, with the price consistently suppressed below the moving averages. Each rebound is getting lower, indicating that bears are not giving bulls any chance to counterattack. The MACD indicator also shows that bear momentum is strengthening, with the two lines diverging downwards and no sign of a stop in the decline. Additionally, key support levels have been breached, and the price is oscillating at lower levels without being able to rebound. This kind of 'weak rebound' often serves as a buildup before a new round of decline. If trading volume continues to remain weak or capital outflows worsen, the price may accelerate downward in search of lower support. Overall, market sentiment is bearish, technical patterns are weak, and the risk of bottom-fishing in the short term is very high. It is recommended to continue observing and not to easily catch falling knives. $BTC $ETH #市场清算 Short-term trading suggestions: Short Bitcoin around 96600, target around 95000; short Ethereum around 2685, target around 2620.
Bitcoin has been fluctuating within a narrow range over the weekend, peaking at 98,800 and not dropping below 96,600, with both bulls and bears temporarily deadlocked. However, this morning the market suddenly changed, with prices breaking through the lower end of the weekend's trading range, dropping to around 96,600, and currently quoted at around 96,877, a 24-hour decline of 0.66%. What’s more disheartening is that the net outflow of market funds reached 114 million USD, indicating that large funds are secretly withdrawing. The trading volume also did not keep up, only 46,600 coins, clearly showing a downward trend without buyers stepping in.
The current trend clearly shows that bears are gaining the upper hand. Firstly, the technical MACD indicator has already formed a death cross, with the DIF line (152.2) being pressed down by the DEA line (201), and the histogram (-97.7) is getting longer, indicating that the downward momentum is strengthening. After the price fell below the weekend support, the nearest defense line below is 96,500-96,000, but given the current outflow of funds, it is unlikely to hold. Moreover, the contract open interest is 7.3 billion USD, and once high positions explode, it could trigger a chain reaction of liquidations. In the short term, market sentiment is bearish, and without major positive stimuli, any rebound would merely be an opportunity to escape. If the 97,000 mark is completely lost, the next step is likely to head straight for 95,000 or even lower. In the short term, it's recommended not to rush to bottom-fish; wait until the decline stabilizes before making a move. In the evening, consider shorting on rallies. $BTC $ETH #市场清算 Short Bitcoin around 97,300, targeting around 95,000; short Ethereum around 2,710, targeting around 2,650.
This Week's Review: Overall Wide Fluctuations, Intense Bull-Bear Struggle In the past week, Bitcoin's price has moved like a roller coaster, repeatedly tugging in the high range. Although the price briefly surged close to $98,000, each attempt to break through was quickly suppressed by bears, with the lowest point dipping below the support of $97,000. Market sentiment fluctuated between hot and cold, with buying and selling alternating dominance, leading to frequent price swings. Especially in the latter half of the week, volatility significantly increased, and trading volume also rose, but funds showed a net outflow, indicating that many investors quietly reduced their positions during the rebound. This oscillating pattern reflects a significant disagreement between bulls and bears, with neither side able to fully control the situation, resembling a tug-of-war.
Technical Analysis: Bearish Trend, Beware of Further Downward Movement Next Week From a technical standpoint, Bitcoin has temporarily held above the $97,000 level, but the strength of the rebounds has weakened each time, with high points continuously declining. This increasingly lower bounce pattern is often a signal of a downward trend. The current price seems to be pressed under a gradually descending resistance line, with each rebound hitting a ceiling and bouncing back, while the support below is constantly being tested. More critically, market funds are continuously flowing out, indicating insufficient confidence from major funds in the market's future, and retail investors' enthusiasm for chasing prices is cooling. If Bitcoin fails to hold above $97,000, it may trigger a new round of selling, testing the $95,000 area or even lower.
Overall, Bitcoin's fluctuations this week seem more like a halftime break before a decline, rather than a genuine stabilization. It is advised to remain cautious, not to be misled by short-term rebounds, and to patiently wait for a clear direction before taking action. If one must attempt to catch the bottom, it's essential to control the position size, as the risk of catching a falling knife is not small.
Short-Term Trading Suggestions: $BTC $ETH #市场清算 Short Bitcoin around $98,000, with a target around $95,500; Short Ethereum around $2,740, with a target around $2,630.
Last night, Bitcoin experienced a rapid surge, with the price strongly rising in a short period, briefly approaching around 98,800, setting a new recent high. Market sentiment was clearly ignited, with buying pressure concentrated, pushing the price upward quickly. However, it faced some selling pressure as it approached the high, causing a slight pullback, maintaining overall high volatility. This sharp increase reflects the activity of short-term capital, especially the involvement of major funds, but the willingness to chase at high levels has shown some divergence, indicating that the market is gradually becoming cautious after a rapid rise.
Next, the market may enter a short-term correction phase. The sharp rise last night consumed a significant amount of buying momentum, and the price has deviated far from the moving averages in the short term, indicating a need for technical correction. A pullback is expected within the day to test the support strength in the 96,500-97,000 region. If it stabilizes after the pullback, there is still a chance to maintain a volatile pattern in the short term; however, if it breaks below the key support, one must be wary of further downside risks. Market trading tends to be thin over the weekend, and both bulls and bears may enter a tug-of-war state, resulting in sideways consolidation. It is advised to avoid chasing high prices in operations; instead, one could wait for low absorption opportunities after a pullback, responding with a range-bound strategy in the short term.
Short-term trading suggestions: Short Bitcoin around 97,800; pay attention to the support near 96,800 below; short Ethereum around 2,740; pay attention to the support near 2,700 below. #市场清算 $BTC $ETH
Today, Bitcoin is showing a volatile trend overall. In the evening, the price briefly approached around 97,500 but then faced significant pressure, failing to maintain a high position and gradually oscillating down to the current 96,600 area. Although there were multiple attempts to rebound during the session, the selling pressure above was heavy, especially forming short-term resistance near 97,500, causing the price to face repeated setbacks. From the trading volume perspective, market participation is average, with a noticeable net outflow of funds, indicating that some bulls are choosing to take profits at high levels, leading to a cautious market sentiment.
In the evening, it is essential to be wary of further downside risks. The current price has broken below the mid-range support of the daytime oscillation zone, with the short-term focus gradually shifting downwards. If the 97,000 level cannot be quickly regained, it may continue to seek support downwards. From the chart, the trading volume has increased during the decline, indicating that the bearish forces are strengthening. If the critical support around 95,000 is lost, it may trigger more selling. Additionally, indicators show that upward momentum continues to weaken. Although there was a brief surge during the day, subsequent buying was insufficient, and the market lacks the collective strength for sustained breakthroughs. Overall, the evening trend leans towards weak consolidation. It is recommended to temporarily observe the situation, with a focus on the defensive scenario in the 95,000-96,000 range. If it breaks below, one should be alert to the risk of accelerated adjustments. Bitcoin is short around 97,200, targeting around 95,500; Ethereum is short around 2,740, targeting around 2,680.
Judging from the current hourly chart of Bitcoin, there is still a risk of further decline in the evening market. The price is obviously weak when trying to rebound. It has failed to stand firm after several highs. Instead, it is pressed back to a low level and oscillates, as if it is blocked by a wall. The lower support has been tested many times. Once it is lost near 95,000, it may trigger a faster sell-off. In terms of funds, the net outflow exceeds 100 million, indicating that many people are secretly retreating and the market sentiment is cautious. Although the MACD indicator temporarily shows that the bulls still have some strength, the overall trend is like a spent force, and the rebound is getting weaker and weaker, more like a "fake move" before the decline. In the short term, if even 96,000 cannot be maintained, there is a high probability that it will look for a lower position at night. Don't rush to buy the bottom in operation, and observe the momentum after the break before taking action. Evening operation suggestion: $BTC $ETH #市场清算 Bitcoin is short around 97200, with the target around 95500; Ethereum is short around 2720, with the target around 2620.
Recently, the Bitcoin market seems to have been trapped in a gradually shrinking pocket. The price has been repeatedly testing up and down on the hourly chart, but the range of fluctuations is getting smaller, with highs and lows continually converging towards the middle, forming a typical triangular oscillation range. This trend indicates that both bulls and bears are temporarily hesitant to take action, and the market is waiting for a clear directional signal. However, from a broader perspective, the price's highs are getting lower each time, and while the lows have not broken down temporarily, the strength of the rebounds is noticeably weak, giving a feeling of struggling to hold on.
Technically, the end of this triangular range often signifies that a change is about to occur. Current market performance leans more towards a downward breakout. On one hand, the price has repeatedly attempted to break through the upper resistance level but has failed each time, with each rebound reaching a lower height, indicating that bullish strength is gradually waning; on the other hand, the rebound after a sharp decline appears hesitant, and trading volume has not significantly increased, resembling retail investors following the trend, lacking signs of large capital actively buying in. Additionally, when considering market sentiment, recent data on net capital outflows also suggests that some investors are stepping back and observing, which is not a good sign for further price pressure. In simple terms, Bitcoin is likely to maintain a weak stance in the short term. If the support level at the lower edge of the triangle is broken, it may trigger a wave of accelerated correction.
Short-term trading suggestion: $BTC $ETH #市场清算 Short position on Bitcoin around 97000, with attention to the downside around 95500; short position on Ethereum around 2720, with attention to the downside around 2620.
Ethereum has experienced a noticeable decline. The price attempted to attack the high near $2750 but quickly encountered resistance and fell back, subsequently continuing to oscillate downwards. Although there were slight rebounds during this period, they were weak and failed to effectively break through the upper pressure. Especially after the price fell below the key level of $2700, it accelerated downward to around $2660, showing a weak pattern of 'gradually lowering highs and continuously refreshing lows.' Market selling pressure has been steadily increasing, with funds showing a net outflow, indicating insufficient investor confidence and dominant selling sentiment.
At present, the bearish trend on the chart is evident, and it is highly likely to continue declining in the short term. On one hand, the price has consistently been suppressed below the moving averages, with weak rebounds, indicating that bulls lack the momentum to counterattack; on the other hand, continued capital outflows and low trading volume further confirm a strong market wait-and-see sentiment. If the key support level of $2660 is effectively broken, there may be a direct test of the $2600 integer level below. Additionally, although the MACD indicator has shown a slight rebound, it remains in the negative zone overall, with weak rebound signals. In summary, bears hold an absolute advantage, and it is advisable to reduce positions on rallies or maintain a wait-and-see approach to avoid blindly catching the bottom. Without significant positive stimulation, Ethereum is unlikely to change its downward trend in the short term, and further downside risks should be monitored. $BTC $ETH #市场清算 Bitcoin is trading around $97000, with attention on the vicinity of $95000 below, while Ethereum is around $2700, with a focus on $2620 below.
In the past hour, the price of Bitcoin has experienced a significant decline. Initially, the price attempted to break through the high around $98,000 but failed to hold, then quickly fell back. During this period, bulls made several attempts to fight back but were suppressed by bears, causing the price to break through several key support levels, ultimately stabilizing temporarily around $96,400. From the perspective of capital flow, market sentiment is cautious, with a net outflow of over $100 million, indicating that some investors chose to exit and observe during the decline. Although there was a slight rebound during the session, trading volume remained low, lacking sufficient buying support, making the rebound appear weak. Overall, the price movement in this hour exhibited a weak pattern of 'gradually lower highs and continuously refreshed lows,' with bears clearly dominating the market.
Looking ahead, the price of Bitcoin is likely to continue its downward trend, testing lower support levels. From the chart observation, the price is consistently constrained by short-term moving averages, with each rebound failing to break through the previous high, indicating that bearish pressure has not yet been fully released. In terms of technical indicators, although there are signs of short-term overselling, the downward momentum continues, and a brief consolidation may only serve to build momentum for the next leg down. Additionally, the market is quiet, with intensified capital outflows reflecting insufficient investor confidence, increasing the risk of further declines. If the price breaks below the current low of $95,200, it could accelerate towards $94,000 or even lower. Caution is advised for a second test of the lows after a weak rebound; in the short term, it is recommended to observe or short on highs with light positions to avoid blindly bottom-fishing. $BTC $ETH #市场清算 Bitcoin is short around $97,000, with attention on the $95,000 level below; Ethereum is short around $2,700, with attention on the $2,620 level below.
The morning market was quite thrilling! Bitcoin first surged quickly, climbing directly from a low around 94,000 to a high near 98,090. This bullish raid caught many bears off guard and secured a 3,000-point gain. However, the price couldn't hold and quickly retraced to the 95,700 range. This back-and-forth roller coaster rhythm was something we had already anticipated—before the morning surge, we reminded everyone to seize the rebound, and after the high, we timely alerted about the risk of a pullback; the timing was just right. Currently, the price is oscillating in the 95,500-96,000 area, with both bulls and bears temporarily at a standstill, but the evening script may be even more exciting.
From a technical perspective, although the daytime pullback seemed alarming, key support is starting to emerge. First, there are several dense trading zones near the current price level, and the recent net inflow of over 50 million funds indicates that large players are quietly entering. Second, although the MACD indicator on the hourly chart is still negative, the green bars (bearish momentum) have begun to shorten, like a spring compressed to its limit, ready to bounce at any moment. Moreover, the price has not fallen below the strong support level of 95,000, so it is highly likely to “squat and gather strength” here in the evening. If it holds, the first target for a rebound will be 97,000, and it may even challenge the morning high again. In terms of operations, don't rush to chase the shorts; wait for a pullback to confirm support before following the bullish counterattack for a more secure approach!
Evening operation suggestion: $BTC $ETH #市场清算 Bitcoin is bullish around 95,000; pay attention to around 97,000 above; Ethereum is bullish around 2,600; pay attention to around 2,700 above.
The number of initial jobless claims in the United States this week will be released at 9:30 tonight. This data has always been a weathervane of market sentiment. If the number of unemployed people exceeds expectations, it may trigger a sell-off of high-risk assets such as Bitcoin; on the contrary, if the data is stable, there may be a rebound in the short term. However, there is a high probability of violent fluctuations before and after the news is released. It is recommended to control positions and avoid blindly chasing ups and downs.
Bitcoin is more entangled. It once surged to around 98,000 in the early trading, but was obviously suppressed, and then fluctuated and fell back, hitting the lowest level around 95,650. Although there were several rebounds in the middle, each pull-up was held down by shorts, and the net outflow of funds exceeded US$100 million, indicating that market sentiment is cautious. In particular, the trading volume in the afternoon shrank significantly, and large funds were waiting for the news in the evening.
From a technical perspective, the short-term trend is not optimistic. The current price is stuck near US$96,000, but strong pressure has formed above 98,000, and several upward attacks have not broken through. Although 94000 is the intraday low, the fast and slow lines of the MACD indicator are both underwater and negative, and the green column continues to expand, indicating that the selling pressure is still increasing. In addition, the hourly moving average begins to turn downward. If the news is bad at night, it is likely to directly break through the support of 94000. In terms of operation, it is recommended to focus on high-altitude trading. Don't rush to buy the bottom and wait for the market to digest the news before looking for opportunities. $BTC $ETH #CPI数据来袭 Short-term operation suggestions: Bitcoin is short around 96500, with a focus on 95000; Ethereum is short around 2685, with a focus on 2620
Recently, Bitcoin's trend has been a bit bumpy, but overall it seems to be pulled down by a rope. Although the price occasionally spikes, it quickly drops back down after each rise, with the center of gravity getting lower and lower in repeated fluctuations. For example, a few days ago it briefly surged to nearly 98,500, but quickly fell back, indicating insufficient buying power, as there are always people eager to sell at the slightest rise. Additionally, the capital flow shows a net outflow of over 70 million, making it clear that market sentiment is cautious, and people are more inclined to take profits rather than chase higher prices. This kind of downward oscillation feels like a process of gradually testing the bottom.
From a technical signal perspective, the decline may not be over yet. In the MACD indicator, the short-term line (DIFF) has already fallen below the long-term line (DEA), and the histogram continues to turn green, which is a typical death cross signal, indicating that the bears are gaining strength. Moreover, every time the price rebounds, it fails to surpass the previous high points, while the lows keep getting lower, resembling a series of steps going down. In this structure, if it breaks below the recent small support, it may trigger more stop-loss selling, accelerating the decline. Simply put, the market currently lacks money and confidence; if the bears exert a little force, the price will easily break down. In terms of short-term operations, don't rush to pick the bottom; it is more prudent to watch more and act less.
Short-term trading advice: $BTC $ETH #市场清算 #CPI数据来袭 #加密市场反弹 Bitcoin is short around 97,000, with support to watch at around 95,000; Ethereum is short around 2,720, with support to watch at around 2,630.
Last night's speech by Powell also led to a decline in the market. The 4-hour major market shows a fluctuating downward trend, with Bitcoin gradually retreating from yesterday's high of around 98,500, reaching a low of 94,600, which provided support for this downward movement, forming a clear descending channel in the short term. During this period, trading volume continued to shrink, with the MAVOL5 and MAVOL10 moving averages flattening, indicating that market trading sentiment is becoming cautious. In the MACD indicator, although the DIF and DEA are still in the negative territory, the MACD histogram has shifted from contraction to a slight increase (17.1), suggesting that bearish momentum is weakening, and a temporary stop-loss signal has appeared around 94,600.
From the current market, the probability of a short-term rebound is relatively high. Let's analyze it from a technical perspective: the MACD shows a bottom divergence pattern; when the price makes a new low (94,614.3), the MACD histogram does not weaken simultaneously but instead shows positive expansion, indicating that bearish momentum is exhausting; the volume-price divergence signal shows that during the decline, trading volume gradually decreases, and selling pressure weakens. If the subsequent rebound is accompanied by an increase in volume, it will confirm a bullish counterattack; the effectiveness of key support is evident, as the 94,600 level has been tested multiple times without effectively breaking down, forming a short-term bullish defense line. If the price stabilizes above 95,500, it may further test the 98,000-98,500 area. Attention should be paid to the volume accompanying the rebound; a breakout may initiate a new round of short bullish market, and stop-loss can be set below 94,500. #比特币后市 #比特币国家战略储备 Short-term trading suggestion: $BTC $ETH Bitcoin is bullish around 95,300, with attention on the 97,300 area above; Ethereum is bullish around 2,580, with attention on the 2,660 area above.
Recently, Bitcoin's one-hour trend has shown a downward fluctuation, with the price gradually retreating from a high of 98,482, reaching a low of around 94,800. The short-term downward momentum is quite significant. From a technical indicator perspective, the MACD (12,26,9) remains in the negative zone, with both DIF and DEA being negative and diverging downward, indicating that the bearish sentiment dominates the market. However, the MACD histogram (-327.4) is negative but has narrowed compared to the previous value, suggesting that selling pressure may gradually weaken. The price initially shows support around 94,650, and some bears taking profits may lay the groundwork for a short-term rebound.
It is expected that Bitcoin will continue its technical rebound in the morning. The current price is forming short-term support around 94,650, and although the MACD indicator has not formed a golden cross, the negative difference between DIF and DEA is gradually narrowing, indicating that the downward momentum is slowing. If the price can stabilize above 95,000, it is likely to further test the resistance range of 96,000-96,500. Additionally, if the hourly K-line closes with a bullish pattern (such as a hammer or engulfing pattern), it will strengthen the rebound signal. It is recommended to pay attention to changes in trading volume and the breakthrough of key resistance above, and for short-term operations, a light position can be laid out for long positions, with a stop-loss reference below 94,500. 3880673150624772122876 In the morning, Bitcoin is around 95,000, with attention on the area around 97,000.
Today, the overall price of the pancake has shown a fluctuating pullback trend. The current quotation is around 97,000, down about 1.68% from the previous high of 98,482.2, with a short-term drop of 0.44%, and the market is experiencing some selling pressure. It is worth noting that despite the price drop, the net inflow of funds still reached 204 million USD, indicating a strong willingness to buy at low levels. In the MACD indicator, both DIF and DEA are in the negative zone, and the MACD histogram has further expanded to -357.4, suggesting that short-term bearish momentum is dominant. The price volatility range has narrowed, rebounding slightly after dipping to a low of 96,529.3, with both bulls and bears competing around 96,800 in the short term.
Although the MACD indicator is short-term bearish, the market liquidity shows positive signals. The continuous increase in net inflow of funds indicates that the main funds may be positioning themselves at low levels, combined with the hourly price forming initial support around 96,500. If it can hold this position overnight, a technical rebound may be triggered. In addition, the current trading volume is moderately increasing; if the price breaks through the resistance level of 97,500, it may further test the range of 98,000-98,500. Overall, attention should be paid in the evening to whether the bulls can regain momentum with the advantage of capital inflow. In the short term, the possibility of a corrective rise cannot be ruled out, but caution should be exercised regarding the volatility risks brought by the overhead selling pressure. Short-term operation suggestion: $BTC $ETH Bitcoin is bullish around 96,500, with attention on the area near 98,500; Ethereum is bullish around 2,640, with attention on the area near 2,720.