1.5 Nighttime Bitcoin and Ethereum Market Analysis and Trading Suggestions
Today’s market showed strong upward momentum, with bulls continuously releasing energy, maintaining an overall positive pattern. The price steadily pushed higher amid fluctuations, with Bitcoin now firmly above the 92,000 level, gathering strength to challenge the 94,000-94,500 zone. Although this area faces technical resistance, an effective breakout supported by volume could further open the upside space, with medium-term targets potentially reaching 95,000 or higher. The key support levels below are at 91,000-90,500; as long as the price remains above this watershed, the upward oscillation trend will continue, and each pullback can be seen as a consolidation opportunity to strengthen the structure.
Ethereum also performed steadily, with the 3,050 support transforming into a solid platform. Today, it successfully touched the 3,200 level, indicating that buying strength remains robust. Attention should be paid to resistance around 3,250; once confirmed to break through, the upward extension could reach the 3,330-3,360 zone. Even if a short-term consolidation occurs, the key levels at 3,080 and 3,050 are expected to provide strong support, maintaining the overall oscillating upward rhythm.
The current market sentiment is bullish, and the trend structure remains intact. Before key support levels are broken, continue to adopt a dip-buying approach to seize upward opportunities. Please remain patient and watch for confirmation signals of breakout patterns.
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1.5 Nighttime Bitcoin and Ethereum Market Analysis and Trading Suggestions
Today’s market showed strong upward momentum, with bulls continuously releasing energy, maintaining an overall positive pattern. The price steadily pushed higher amid fluctuations, with Bitcoin now firmly above the 92,000 level, gathering strength to challenge the 94,000-94,500 zone. Although this area faces technical resistance, an effective breakout supported by volume could further open the upside space, with medium-term targets potentially reaching 95,000 or higher. The key support levels below are at 91,000-90,500; as long as the price remains above this watershed, the upward oscillation trend will continue, and each pullback can be seen as a consolidation opportunity to strengthen the structure.
Ethereum also performed steadily, with the 3,050 support transforming into a solid platform. Today, it successfully touched the 3,200 level, indicating that buying strength remains robust. Attention should be paid to resistance around 3,250; once confirmed to break through, the upward extension could reach the 3,330-3,360 zone. Even if a short-term consolidation occurs, the key levels at 3,080 and 3,050 are expected to provide strong support, maintaining the overall oscillating upward rhythm.
The current market sentiment is bullish, and the trend structure remains intact. Before key support levels are broken, continue to adopt a dip-buying approach to seize upward opportunities. Please remain patient and watch for confirmation signals of breakout patterns.