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#密码资产动态追踪 Recently, Bitcoin's pullback has been quite significant, but from a trend perspective, there's no need to be overly pessimistic. It's especially important to avoid chasing short positions, as this is currently the easiest trap to fall into.
The technical indicators have shown many positive signals. After the price bottomed around $89,500, it quickly recovered the short-term moving averages MA5 and MA10. The moving averages are beginning to turn upward, indicating that the correction momentum is stabilizing. MACD below the zero line is brewing a bullish divergence, with bearish momentum clearly weakening, the green bars are narrowing, and a golden cross is imminent. RSI has rebounded from a low of 38 to around 42, signaling a clear oversold rebound, and buying interest is entering in an orderly fashion.
During the stabilization phase, volume remained moderate to weak, but after the price steadied, volume started to increase slightly, indicating selling pressure has receded.
In terms of specific operations: Bitcoin can consider a bullish approach in the range of 90200-90700, with targets at 92200-92700. The key resistance levels above are still 92400 and 94700. The support level below is around 89000.
For Ethereum, it is recommended to build long positions around 3050-3080, with targets at 3200-3230. $BTC $ETH
Overall, the pullback is a correction, so don’t be scared by short-term fluctuations.