Important points you need to know about BTC's sharp fluctuations on Monday: Support and Resistance
The first support level is 94188, which was mentioned before going to sleep yesterday. Currently, BTC's price is consolidating above this first support level;
The second support level at 93200 is the starting point of last week's big surge to 97800 and is also near the point that bounced back twice.
The third level starting with 89 has a low probability of a rapid test without significant negative news, so just keep this in mind for now.
The first resistance level is around 95188; this was a strong support over the weekend that was broken with volume, and it is also the point of overlap for a smaller trend line, so be cautious about the pressure here being relatively high.
The second resistance level is 96200, which is also the highest point of yesterday's rebound and the first stitching point of the CME gap.
The third extreme resistance level is 97200, the highest point of the CME gap.
ETH has not dropped much; the support levels analyzed last week at 1765, 1688, and 1588 have not been reached, and the current resistance level is at 1830. 👉返佣
