$BTC Yesterday, although the U.S. stock market opened low and rose high, the pullback was clearly weak! Moreover, it did not break above the upper resistance level! Before the U.S. stock market closed yesterday, it was analyzed that if the one-hour chart did not stay above 94550, then this round of pullback would end with a main bearish outlook!

Tonight's Market Analysis
$BTC Today, after the major cryptocurrency dropped to around 93400, it started to rise to around 94500 and then moved sideways.
It then experienced a slight decline and is currently fluctuating between 94000 and 93900.
From an hourly perspective, it is still in a downward trend, pay attention to the closing situation of the hourly line after the US stock market opens. If it does not rise above 94500, it indicates weak pullback, still bearish.
Continue to monitor the support levels below at 93480-92720-91620!

$ETH Ethereum broke below 1800 in the morning, rebounded to 1830, and then started to decline. Currently, it is also moving sideways between 1790 and 1800. If after the US stock market opens, the hourly line does not close above 1810, it indicates the end of this pullback. If it rises above, pay attention to the resistance levels above at 1832 and 1845!

Here at Tianyan, we still recommend entering the market on the right side! Go with the trend! If you have analyzed this way and still don't know what to do, then you really need a learning opportunity! Tianyan specializes in and excels in spot trading! Feel free to reach out to me for clarification!
I only trade with the trend! Go with the trend! Welcome to leave 555! Currently laying out strategies!
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