Good evening everyone, let's talk about the current market situation. The recent movements have been somewhat tangled; let's clarify our thinking.
**Bitcoin** is showing weakness in the short term. Yesterday's rebound precisely touched the resistance zone of 91,600-92,200 but failed to hold, followed by a pullback, and a breakdown appeared on the daily chart, which has dealt a blow to the expectation of continued upward movement. But don't rush to change your strategy— as long as the key support zone hasn't been effectively broken, the rebound structure is still intact.
Weekend trading is relatively stable. If you hold long positions, there's no need to overreact. The core support remains in the 89,300-88,300 range; if the price dips here, you can continue to add to your longs. If you don't hold any positions, you can also consider accumulating on dips. The critical level for bulls and bears is at 91,000; a breakout above this level is necessary for a sustained rebound, with the next target around 92,000.
**Ethereum** has again fallen below 3,100. Keep an eye on the 3,050-3,020 range for potential dips, which could be opportunities for rebounds or adding to long positions. The key level for bulls and bears is also at 3,100; if it can be broken, the next resistance zone is between 3,150 and 3,180.
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Good evening everyone, let's talk about the current market situation. The recent movements have been somewhat tangled; let's clarify our thinking.
**Bitcoin** is showing weakness in the short term. Yesterday's rebound precisely touched the resistance zone of 91,600-92,200 but failed to hold, followed by a pullback, and a breakdown appeared on the daily chart, which has dealt a blow to the expectation of continued upward movement. But don't rush to change your strategy— as long as the key support zone hasn't been effectively broken, the rebound structure is still intact.
Weekend trading is relatively stable. If you hold long positions, there's no need to overreact. The core support remains in the 89,300-88,300 range; if the price dips here, you can continue to add to your longs. If you don't hold any positions, you can also consider accumulating on dips. The critical level for bulls and bears is at 91,000; a breakout above this level is necessary for a sustained rebound, with the next target around 92,000.
**Ethereum** has again fallen below 3,100. Keep an eye on the 3,050-3,020 range for potential dips, which could be opportunities for rebounds or adding to long positions. The key level for bulls and bears is also at 3,100; if it can be broken, the next resistance zone is between 3,150 and 3,180.