May you stay clear-headed during upward trends and remain true to your original intentions during declines, ultimately harvesting your own certainty and happiness in the wave of digital transformation. Evening news shows mixed signals with limited impact on the market. After the US stock market opened, there was a rebound and rally, with the deep correction during the white session near 89,600, followed by sideways consolidation within a range. Before midnight close, a strong rebound occurred, forming a series of large bullish candles, with the highest touching the 92,000 level under pressure. Currently, the market is oscillating around the 91,500 level.
This week's market is nearing its end. During the early morning hours when liquidity thins out, price fluctuations tend to amplify further. I expect Bitcoin to pull back from the current level, testing the key support zone of 90,000-92,000 for confirmation, while Ethereum may test the dynamic support near 3,100 or the 50-day EMA at 3,128. Pay close attention to the price behavior in the support zone: if a strong rebound occurs, it indicates effective support and could provide momentum for subsequent gains; if the support is effectively broken, a deeper correction may be triggered. Trading suggestions: Bitcoin: around 90,500, target 94,000 Ethereum: around 3,050, target 3,300
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May you stay clear-headed during upward trends and remain true to your original intentions during declines, ultimately harvesting your own certainty and happiness in the wave of digital transformation. Evening news shows mixed signals with limited impact on the market. After the US stock market opened, there was a rebound and rally, with the deep correction during the white session near 89,600, followed by sideways consolidation within a range. Before midnight close, a strong rebound occurred, forming a series of large bullish candles, with the highest touching the 92,000 level under pressure. Currently, the market is oscillating around the 91,500 level.
This week's market is nearing its end. During the early morning hours when liquidity thins out, price fluctuations tend to amplify further. I expect Bitcoin to pull back from the current level, testing the key support zone of 90,000-92,000 for confirmation, while Ethereum may test the dynamic support near 3,100 or the 50-day EMA at 3,128. Pay close attention to the price behavior in the support zone: if a strong rebound occurs, it indicates effective support and could provide momentum for subsequent gains; if the support is effectively broken, a deeper correction may be triggered.
Trading suggestions:
Bitcoin: around 90,500, target 94,000
Ethereum: around 3,050, target 3,300