The afternoon correction market moves in and out quickly. Bitcoin held the psychological barrier of 90,000, then rebounded strongly, regaining the key moving averages. This indicates that the bottom-dwelling funds are still very active. Both longs and shorts are taking profits here, but the overall market sentiment remains bullish.
Looking at the 4-hour chart, the price was previously supported at the lower level and then pulled up. It is now firmly above the central pivot point, with the bulls fully in control of the rhythm. Tonight, continue to look for long positions at lower levels.
Specific trading ideas: For Bitcoin, go long around 89,800-90,000, with targets at 92,000-92,500; for Ethereum, enter long positions near 3080-3100, aiming for 3200-3250. The market is still moving in a relatively healthy rhythm.
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The afternoon correction market moves in and out quickly. Bitcoin held the psychological barrier of 90,000, then rebounded strongly, regaining the key moving averages. This indicates that the bottom-dwelling funds are still very active. Both longs and shorts are taking profits here, but the overall market sentiment remains bullish.
Looking at the 4-hour chart, the price was previously supported at the lower level and then pulled up. It is now firmly above the central pivot point, with the bulls fully in control of the rhythm. Tonight, continue to look for long positions at lower levels.
Specific trading ideas: For Bitcoin, go long around 89,800-90,000, with targets at 92,000-92,500; for Ethereum, enter long positions near 3080-3100, aiming for 3200-3250. The market is still moving in a relatively healthy rhythm.