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Bitcoin dipped again to the 💲82000 line yesterday, followed by a strong upward movement on the four-hour chart, indicating that major institutions are firmly defending the 💲78000—💲82000 range. Over the past few days, Bitcoin has experienced significant fluctuations, repeatedly reaping profits.
From the daily chart perspective, Bitcoin closed with a small bullish candle with a lower shadow yesterday, showing signs of a short-term bottoming out, and is expected to rebound further in the near term, followed by a consolidation upward.
The resistance level above Bitcoin at 💲96000 remains a strong barrier on the daily chart, and Bitcoin faces a directional choice at 💲100000.
Ethereum retraced to the 💲2000 line again on the four-hour chart, and after a quick bounce, Ethereum shows signs of a short-term bottoming out.
On the daily chart, Ethereum closed with a small bullish candle with a lower shadow yesterday, indicating that there is still a chance for a rebound in the short term. The strong resistance level above is 💲2500, while 💲2800 serves as the bull-bear dividing line for Ethereum, where it faces a directional choice.
From the daily chart perspective, Bitcoin closed with a small bullish candle with a lower shadow yesterday, showing signs of a short-term bottoming out, and is expected to rebound further in the near term, followed by a consolidation upward.
The resistance level above Bitcoin at 💲96000 remains a strong barrier on the daily chart, and Bitcoin faces a directional choice at 💲100000.
Ethereum retraced to the 💲2000 line again on the four-hour chart, and after a quick bounce, Ethereum shows signs of a short-term bottoming out.
On the daily chart, Ethereum closed with a small bullish candle with a lower shadow yesterday, indicating that there is still a chance for a rebound in the short term. The strong resistance level above is 💲2500, while 💲2800 serves as the bull-bear dividing line for Ethereum, where it faces a directional choice.
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