Daily K Trend Analysis: Bitcoin's daily line has formed a bullish engulfing candle, offsetting the bearish signal from the DeMark sequence 9 turn. The 4-hour MACD is about to golden cross above the zero line. Overall, today's upward probability for Bitcoin is significantly greater than downward, unlike yesterday's uncertainty. ETH has tested the upward trend line twice; if it tests for the third time, it may break through, at which time the 1870 false breakout position should be monitored. Overall, the short-term upward probability is greater. Yesterday's review: 1. Shorted at 94,700, bearish shark pattern + 1.13 false breakdown + DeMark sequence 9 turn, made a small profit of 400 points before being protected by a take-profit. 2. At 93,350, bullish butterfly pattern + 4-hour EMA30 support, missed the trigger by a few dollars, losing an opportunity for about 2000 points profit.
Resistance Level 1: 96,500 (1.272/1.618 Harmonic Pattern Target + 1.13 False Breakout Position)
Resistance Level 2: 97,600 (Bearish Crab Pattern 1.618 Target + Multi-Period Overlapping Point + Liquidation Cluster Area)
Support Level 1: 93,000 (Hourly Level Vegas Channel Line Second Test + 0.886 Fibonacci Support Level)
Support Level 2: 92,000/91,500 (Bullish Butterfly Pattern 1.272-1.414 Range + 4-Hour Level EMA60)
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