$BTC $ETH Teacher Luo Xiang said: "You don't need to argue with others, due to the poverty of knowledge, he only lives in his own world and only recognizes his own ideas, it's hard to change him." The same goes for trading; you don't need everyone to agree with your viewpoint. Only traders on the same frequency can appreciate each other's elegance! Yesterday, I suggested going long around 93000, and then it rose to 93800 where I advised to exit, successfully gaining over 800 points. The overall strategy has been quite perfect recently; if the direction is wrong, all efforts are in vain.
Bitcoin surged to 94661 yesterday before pulling back, with the daily line closing positive but forming a "double top prototype". There is significant selling pressure above 94000. The 4-hour chart shows MACD divergence, and in the short term, it may test the support at 91000 (weekly EMA50). If it breaks this level, it could trigger leveraged liquidations and accelerate the drop to 88000. The daily line has closed positive for three consecutive days, confirming the end of the short-term adjustment. If it holds above the support at 90874, it may restart the upward trend.
For Bitcoin, buy on the pullback around 83000-83500, target 84500-85000. For Ethereum, buy on the pullback around 1750, target 1800-1830.