Today's BTC Analysis:
After reaching a high of 93,300, Bitcoin has been consolidating at high levels for nearly a week. The trend has not changed; each decline is quickly followed by a recovery, with the lows consistently rising and the highs being elevated, making a breakthrough to new highs imminent.
Before the high is broken and stabilized, it is not advisable to chase the price at high levels. In the case of insufficient trading volume and momentum, a rapid pullback can easily occur.
For Bitcoin, it is recommended to look for bullish opportunities on the first pullback to the 90,200-90,000 range, targeting 91,500-92,000;
The short strategy will be adjusted based on market changes, so stay tuned!
ETH Analysis:
Ethereum has been showing an alternating pattern of bullish and bearish movements in recent days, with a key support level at 3,020. This area has been tested more than seven times, proving its significance as strong support. Attention should be paid to this level moving forward; another test here is likely to break it, which would accelerate the decline.
The upper resistance is clearly at the 3,220 level, where it has faced multiple pullbacks. Overall, we still need to observe Bitcoin's momentum, as the situation remains one of high-level fluctuations. On the first pullback, look for bullish opportunities in the 3,100-3,080 range, targeting 3,190-3,220;
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