Ethereum finds support below Bitcoin, a good entry point for long positions!

From the daily chart of Bitcoin, the price is already near the previous starting point, with support at 92800 below. We continue to expect the price to recover upwards after this period of consolidation, reaching new highs again; looking at the 4-hour chart, we see that it is entering a phase of choppy movements within the previous range. Currently, 94000 is a critical watershed point; if broken, it will test the support below. If the price holds, we can expect another surge. The Bitcoin market is moving slowly, mainly characterized by choppy movements, providing good opportunities for both long and short positions. The price has already been pulled to the lower end of the range, and we can directly take a long position at the current price, anticipating a rebound in the price.

During the afternoon, Bitcoin can be bought in the range of 94200-83800, targeting around 95800; Ethereum can be bought in the range of 1800-1780, targeting around 1880.

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