Early Morning Raid! Key Support Levels for Bitcoin and Ethereum Revealed: Short Sellers Strike Back or Bulls Break Through, It All Depends on This Line!
After a sharp market fluctuation in the early morning, Bitcoin rebounded from a low near 92660, reaching a high of 93980; Ethereum rose from 1745 to 1774. Qianyu's low long strategy in the early morning proved effective again, securing segment profits.
📉 From a technical perspective:
1-hour MACD golden cross but red bars are shrinking, RSI is flat, short-term bullish momentum is weakening.
The 4-hour Bollinger middle band at 93000 is support, 94500 is the resistance level; if it breaks below 93000, a short seller counterattack may occur.
📌 Key Positions:
BTC Support Zone: 92000-92500, Resistance Level: 94500.
ETH Short Support: 1740, Target Looking at 1780-1800.
✅ Operational Reference:
BTC Enter low long positions near 92500, targeting 83500-84000.
ETH Set long positions near 1740, aiming for the 1780-1800 area.
Remember, as long as support holds, there is opportunity; stability in sentiment leads to stability in the market! 🔥