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BTC: The lowest point for Bitcoin tested around 91,500, where there is clearly a lot of buying pressure, forming a double bottom structure. However, from a 4-hour perspective, Bitcoin is still in an adjustment phase, with short-term support around 96,000. If the daily line can stabilize above this level, the price is likely to continue to decline in the future.
ETH: The movement is correlated, with a strong short-term rebound from oversold conditions, and minor resistance around 3,550.
For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.
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