1/12 #BTC #Bitcoin Trend Analysis
This round of market movement started positioning longs after stabilizing above 90000. A portion of the position was reduced after the rally on Friday. The weekend was mainly characterized by consolidation. Bai Ge repeatedly mentioned 90000 as a pivotal point; as long as 90000 wasn't broken, holding long positions wasn't under significant pressure. $ETH
From the chart perspective, this morning's breakout was accompanied by increased volume, marking a medium-term breakthrough from the consolidation zone. The moving averages have formed a golden cross, completing the shift from left to right side of the chart. The support level has now shifted to 91000. The overall strategy remains to go long. Opportunities to enter arise during pullbacks with reduced volume. $BNB
Support levels: 91000, 90000
Resistance levels: 93800-94500
The initial target for this rebound is set around 94000. Continue accumulating gradually above 91000. Keep holding long positions! $BTC
Follow Bai Ge, and trade with the trend together! #加密市场观察
This round of market movement started positioning longs after stabilizing above 90000. A portion of the position was reduced after the rally on Friday. The weekend was mainly characterized by consolidation. Bai Ge repeatedly mentioned 90000 as a pivotal point; as long as 90000 wasn't broken, holding long positions wasn't under significant pressure. $ETH
From the chart perspective, this morning's breakout was accompanied by increased volume, marking a medium-term breakthrough from the consolidation zone. The moving averages have formed a golden cross, completing the shift from left to right side of the chart. The support level has now shifted to 91000. The overall strategy remains to go long. Opportunities to enter arise during pullbacks with reduced volume. $BNB
Support levels: 91000, 90000
Resistance levels: 93800-94500
The initial target for this rebound is set around 94000. Continue accumulating gradually above 91000. Keep holding long positions! $BTC
Follow Bai Ge, and trade with the trend together! #加密市场观察
