#ETH走势分析 Bitcoin has basically stabilized at the 89625 level, so a short-term correction rally should be on the way.

Earlier today, BTC dipped to 89217 and quickly rebounded. Now it's hovering around a key support area. Interestingly, trading volume didn't drop during the decline, which clearly indicates the main players are shaking out weak hands.

Looking at the larger timeframe, the 88056 support line has already withstood the selling pressure. Most of the supply that needed to be sold has already been sold, so the probability of a rebound is pretty high.

If you're looking to trade: you can consider opening a small long position in the 89400 to 89200 range, with an initial target to see if it can reclaim the 90500 level today. Set your stop-loss just below the 89000 mark. $ETH $BTC