The pie briefly spiked to 89200 after a short fluctuation in market sentiment, but this low point did not last, and it quickly rebounded, reaching a high of 93560 as of now. However, the rebound momentum is also limited, and it soon started to fall again. It is worth noting that the key support level at 89000 has not been broken. From the daily perspective, the big pie is operating in the mid-track area, overall entering a consolidation phase, and the key support at the mid-track remains intact, further confirming the trend judgment of short-term consolidation.
Ethereum is also moving in tandem with the big pie showing an upward oscillation trend. After experiencing a pullback to release risks, the market needs time to accumulate bullish momentum, and the narrow oscillation is the process of rebalancing the forces of bulls and bears, with bulls gradually building strength.
Currently, the resistance for the pie is at 95000, strong support at 88000; Ethereum has strong resistance at 3500, support at 3000.
$BTC
$ETH