BTC and ETH are showing a typical oscillation and consolidation pattern today. The early morning pullback doesn't need to be overly worried about — the bulls are repairing overbought technical indicators while also accumulating momentum for subsequent upward movement.
The key point is this: Bitcoin has already stabilized around 96,000, and the support at this level is quite strong. From the current overall pattern, the characteristics of a strong consolidation are very clear, and the probability of continuing upward is high. A slight short-term pullback? That’s just to confirm the strength of the support; the medium-term upward trend remains unchanged.
Here's the operational suggestion: For Bitcoin, consider entering long positions in the 96,500-96,000 range, with targets around 98,000-99,500. For Ethereum, enter around 3,340-3,320, and consider taking profits near 3,450-3,500. Follow the trend and avoid overtrading.
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AirdropworkerZhang
· 7h ago
The 96,000 point has come again. Last time, it was the same story, and what was the result?
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IntrovertMetaverse
· 7h ago
Is this support at 96,000 really that strong? I feel like it could break at any moment.
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LiquidityWhisperer
· 7h ago
96000 is not powerful enough either. I should have gotten off yesterday if I had known earlier.
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ShitcoinConnoisseur
· 7h ago
The 96,000 support level is really strong, but I'll wait a bit longer before entering.
BTC and ETH are showing a typical oscillation and consolidation pattern today. The early morning pullback doesn't need to be overly worried about — the bulls are repairing overbought technical indicators while also accumulating momentum for subsequent upward movement.
The key point is this: Bitcoin has already stabilized around 96,000, and the support at this level is quite strong. From the current overall pattern, the characteristics of a strong consolidation are very clear, and the probability of continuing upward is high. A slight short-term pullback? That’s just to confirm the strength of the support; the medium-term upward trend remains unchanged.
Here's the operational suggestion: For Bitcoin, consider entering long positions in the 96,500-96,000 range, with targets around 98,000-99,500. For Ethereum, enter around 3,340-3,320, and consider taking profits near 3,450-3,500. Follow the trend and avoid overtrading.