Daily trend analysis: The daily chart of Bitcoin shows a bearish candle and a DeMark sequence of nine turns, which is a potential reversal signal. However, multiple technical indicators suggest that Bitcoin may have one more rally. Currently, the market is in an unclear direction, with mixed long and short signals. In summary, Aleng believes today is a turning point day and recommends only attempting trades at high cost-performance key levels. Ethereum (ETH) shows a more obvious weakness, having broken below the upward trend line, and it is advised to wait for liquidity acquisition points around 1700 or 1650 before considering entry.#比特币走势分析
Resistance level 1: 97600 (1.618 target level of the bearish crab pattern)
Resistance level 2: 96500 (near the daily 0.618 Fibonacci retracement level + bearish butterfly pattern)
Support level 1: 91250 (4-hour EMA60 + upward trend line + 1.13 false breakout position)
Support level 2: 87700 (daily EMA30/EMA60 + 0.382 Fibonacci retracement level + 4-hour Vegas channel line) $BTC
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