BTC, ETH Market Analysis
Bitcoin's upward movement is weak, the trend continues to oscillate downwards, and the strength of the rebound is very weak. As of this morning, it has been gathering momentum upwards and is currently at the resistance level near 110,000. The bulls are struggling to reverse the trend, and indicators are gradually showing signs of turning. However, after the major trend has declined, the market is still dominated by bears. It is recommended to pay attention to the support range of 105,000—107,000 again, where you can accumulate long positions in batches.
Ethereum fell sharply in the evening, reaching a low near 4,200 but not breaking down. This morning it rebounded above 4,300, and the market is in a phase of back-and-forth fluctuation. In terms of moving averages, the bearish arrangement is present, and the Bollinger Bands on the hourly chart are opening downward. During the day, Ethereum had some rebound but not a reversal; the 4,330—4,360 range is the current resistance area, where you can plan for short positions.
Mindset determines the path, goals determine the direction, details determine success or failure, actions achieve the future, and choice is greater than a hundred times effort! The teacher's strategy is publicly shared online, with clear thinking and precise points; feel free to reach out for communication and consultation.
Bitcoin's upward movement is weak, the trend continues to oscillate downwards, and the strength of the rebound is very weak. As of this morning, it has been gathering momentum upwards and is currently at the resistance level near 110,000. The bulls are struggling to reverse the trend, and indicators are gradually showing signs of turning. However, after the major trend has declined, the market is still dominated by bears. It is recommended to pay attention to the support range of 105,000—107,000 again, where you can accumulate long positions in batches.
Ethereum fell sharply in the evening, reaching a low near 4,200 but not breaking down. This morning it rebounded above 4,300, and the market is in a phase of back-and-forth fluctuation. In terms of moving averages, the bearish arrangement is present, and the Bollinger Bands on the hourly chart are opening downward. During the day, Ethereum had some rebound but not a reversal; the 4,330—4,360 range is the current resistance area, where you can plan for short positions.
Mindset determines the path, goals determine the direction, details determine success or failure, actions achieve the future, and choice is greater than a hundred times effort! The teacher's strategy is publicly shared online, with clear thinking and precise points; feel free to reach out for communication and consultation.