#AI概念币领跑 #加密市场反弹
The last analysis mentioned that if Bitcoin does not show a daily divergence, its trend is difficult to reverse, and the possibility of a rapid decline is very small. It has indeed been the case these days; after the four-hour divergence appeared, Bitcoin only moved sideways instead of declining, and the overall market is relatively strong. Since it has not yet retraced to the support at 91000, we need to consider a different approach: could it go up first? Coupled with the pattern of low-volume consolidation, this possibility is quite high! The biggest pressure here is still around 96100; if it breaks through, that would be a strong bullish candlestick, targeting around 99600. However, if this happens, caution is required; positions must be reduced near 100,000! This level is very likely to trigger a significant pullback after reaching it, so it must be monitored! The support below is quite fragmented at 92800 and 91200; we've mentioned 91200 several times, which is the watershed of the short-term trend. If Bitcoin is affected by some event and follows a downward script, this could be a good position to bet on a rebound, with a small stop-loss. If it breaks below 90,000, just exit; the risk-reward ratio is very high! Breaking below 90,000 means the short-term rebound ends, and the market will enter a new round of decline! The overall direction still suggests a significant pullback towards around 84000, and short-term space can be referenced based on the above levels.
Now, looking at Ethereum, in terms of its formation, Ethereum's sideways oscillation has crossed the downward trend line's pressure. It's not that strong, but it's still okay, with some room for corrective gains. If Bitcoin doesn't act up, it should maintain a synchronized upward trend. The Prague upgrade is approaching; hopefully, it can give a little lift to regain some dignity, with a resistance level at 2100, and the space is still decent!
Friends who reduced their positions some time ago might consider betting on a rebound between 91000-92000 for Bitcoin, with a stop-loss based on whether Bitcoin effectively breaks below 91000.
The previous low and the high from a few days ago have successfully captured the large wave.