From a daily chart perspective, $BTC peaked at 94500 and then started to retrace, with several bearish candles testing down to the 90000 midline before stabilizing. This framework is very important—the range from 84500 to 94500 forms a box that is repeatedly tested, indicating intense battle between bulls and bears here. The 90000 support, as the central axis, has been validated and not broken, giving us an opportunity. If subsequent pullbacks do not break below 90000, this level can serve as a good entry point for long positions. It’s safer to build positions around 90000, with stop-losses placed at previous lows. If broken, exit immediately.
On the 4-hour chart, $BTC has tested the 90000 key support multiple times and rebounded, showing strong support at this level. Last week, the strategy was to go long at support and short at resistance, which yielded good returns. Moving forward, continue to use the 90000 midline as the main basis for long positions.
Ethereum Trend Analysis
In the range structure, $ETH encountered resistance at 3320 and pulled back, then declined towards the midline at 3030, before stabilizing and rebounding. The range from 2770 to 3320 is repeatedly tested, confirming its validity. The midline support has been tested multiple times without being broken, which is very critical.
In the short term, focus on the resistance at the recent highs above, and watch whether 3080 can hold as support. From the candlestick pattern, there are signs of a U-shaped bottom, but the resistance from the previous highs is too strong. Bulls need a clear breakout to truly open the upside.
In the 4-hour cycle, $ETH is currently oscillating between 3150-3160. The MACD looks good—DIF and DEA have already formed a golden cross and are diverging upward, with the red energy bars continuing to grow. This indicates a strong short-term bullish momentum.
Real Trading Strategy: $BTC: Enter long at 90500 current price, target the 92000-92500 range, with a stop-loss below 89500. $ETH: Enter long at 3100 current price, target around 3150-3170, with a stop-loss below 3050.
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Bitcoin Technical Review
From a daily chart perspective, $BTC peaked at 94500 and then started to retrace, with several bearish candles testing down to the 90000 midline before stabilizing. This framework is very important—the range from 84500 to 94500 forms a box that is repeatedly tested, indicating intense battle between bulls and bears here. The 90000 support, as the central axis, has been validated and not broken, giving us an opportunity. If subsequent pullbacks do not break below 90000, this level can serve as a good entry point for long positions. It’s safer to build positions around 90000, with stop-losses placed at previous lows. If broken, exit immediately.
On the 4-hour chart, $BTC has tested the 90000 key support multiple times and rebounded, showing strong support at this level. Last week, the strategy was to go long at support and short at resistance, which yielded good returns. Moving forward, continue to use the 90000 midline as the main basis for long positions.
Ethereum Trend Analysis
In the range structure, $ETH encountered resistance at 3320 and pulled back, then declined towards the midline at 3030, before stabilizing and rebounding. The range from 2770 to 3320 is repeatedly tested, confirming its validity. The midline support has been tested multiple times without being broken, which is very critical.
In the short term, focus on the resistance at the recent highs above, and watch whether 3080 can hold as support. From the candlestick pattern, there are signs of a U-shaped bottom, but the resistance from the previous highs is too strong. Bulls need a clear breakout to truly open the upside.
In the 4-hour cycle, $ETH is currently oscillating between 3150-3160. The MACD looks good—DIF and DEA have already formed a golden cross and are diverging upward, with the red energy bars continuing to grow. This indicates a strong short-term bullish momentum.
Real Trading Strategy:
$BTC: Enter long at 90500 current price, target the 92000-92500 range, with a stop-loss below 89500.
$ETH: Enter long at 3100 current price, target around 3150-3170, with a stop-loss below 3050.