This morning, we tested the support line at 92232 again, with the lowest point reaching around 93000, currently experiencing a downward B wave while still above the support at 92232. If this level holds, the range-bound movement will continue, and even if it breaks, I believe the downward space will not be significant.
The weekly chart shows a doji star, and this week is crucial as the yearly, quarterly, and monthly lines are about to close. The probability of the monthly line closing as a doji star is high, with the bottom of the doji star being the support at 90000. We also believe this is still a continuation of the upward trend.
Bitcoin
The market for Bitcoin these past few days has been stagnant; it can't rise significantly nor can it drop, just consuming time. Let's patiently wait. From the candlestick chart, there is support around 93000, but the rebound strength is not strong. The support at 92232 is being tested for the third time. We entered a position near 94000 during the last touch of this area and are still holding.
Although we cannot be bearish as long as 92232 holds, we are still placing orders in batches below, waiting for lower price levels. This wave of adjustment looks towards 130000—150000.
Support: Pressure:
Ethereum
Ethereum's weekly chart shows two small bullish candles rebounding, facing a large bearish candle at 4107. It is difficult to pull back directly with small bullish and bearish candles grinding slowly. The daily chart also shows short-term resistance at 3555.
The 4-hour chart has formed a converging triangle, rebounding after hitting the bottom of the triangle this morning. However, for our order placed at 3150, the short-term fluctuations still have little impact. Those without positions can wait for opportunities between 3200—3100 for a second test. We even have orders placed at lower levels.
Support: Pressure:
If you like my views, please like, comment, and share. Let's navigate through the bull and bear markets together!!!
The article is time-sensitive and for reference only, updated in real-time.
Focusing on candlestick technical research, sharing global investment opportunities. Public account: Trader Young Master Fusu
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
