The midday price comparison continues to decline, but the 94000 support shows strong resilience, and Bitcoin is gradually stabilizing and rebounding; Ethereum continues to be strong, breaking through the 1824 level with increased volume, demonstrating a momentum for recovery. We precisely indicated to buy near 94100 during midday, and the strategy of buying on dips was perfectly realized again; opportunities are always reserved for those who are prepared.
From the current trend, the four-hour line shows three consecutive upward candles, with the mid-term support forming, the price comparison stabilizing at 94000 and continuing to rise, with the upward trend still intact. Although a double top pattern has appeared on the hourly line, the short-term bearish volume has slightly increased, but the pullback has not yet broken the key support, and the Bollinger Bands are once again narrowing, expecting short-term fluctuations for both long and short positions to not be too large. We will continue to maintain our strategy and wait for the price comparison to pull back before placing long orders.
Buy Bitcoin at 94800-94500, target near 95500.
Buy Ethereum at 1820-1810, target near 1860.