Bitcoin is currently around 93,300. Although this upward trend continues strongly, it is approaching a key resistance zone, and a reversal is beginning to emerge. On the 2-hour chart, the trend shows a oscillating upward rhythm, with the latest closing price near the high of 93,650. The MACD momentum in the 2-hour cycle continues to strengthen, indicating that the short-term momentum remains fierce. However, while the EMA support remains stable, the 94,000 level above is already within reach. This position is not suitable for chasing the rally; instead, it is more prudent to take partial short positions at high levels.



From a trading perspective—long positions can be entered at 92,500 and 91,500. If the price falls below 91,000, exit the position. The upward target is set above 93,500, with a further look at whether it can break through 94,500. For short positions, consider entering at 94,000 and 95,000. If it falls below 95,500, close the position. The downside target points below 93,000, with a final support level around 92,000.

Turning to Ethereum, the current price at the time of writing is 3,175. The strong market momentum has reached a peak, which usually indicates a potential cooling or correction ahead. On the 2-hour chart, continuous upward movement is observed, with new highs and higher lows, clearly forming a short-term upward pattern. The daily chart is approaching the 3,200 level. The MACD indicator shows increasing momentum in the 2-hour cycle, and after a golden cross on the daily chart, the momentum continues to expand into extreme regions, suggesting limited room for further upward movement. EMA support and resistance levels are not weak, and the overall trend is consolidating at high levels. The strategy should be to short on rallies and go long on dips.

Specific trading suggestions—go long at 3,120 and 3,070. If the price falls below 3,050, exit the position. The target is above 3,130, aiming to reach 3,160. For short positions, consider entering at 3,150 and 3,200. If it cannot hold above 3,250, stop-loss is triggered. The downside target is below 3,100, with continued attention to the support at 3,080.

The above analysis is for reference only. Market conditions change rapidly; trade carefully and at your own risk.
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GhostInTheChainvip
· 5h ago
I've already said that this level at 94,000 is easy to break down. Those chasing the high now are just taking the fall.
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SchrodingerGasvip
· 5h ago
94,000 is just a psychological barrier. If it can't be broken through, consider shorting. This is a classic market efficiency failure phenomenon. People really treat MACD as a bible; large on-chain traders have already sold off, everyone. ETH's integer barrier defense, from a game theory perspective, favors the short side with a higher win rate. Stayed up all night watching the candlestick chart, now my mind is a bit foggy... but my intuition tells me not to chase the high. If the 92,000 support level breaks, that will be a real sign of collapse. Buying the dip at every high sounds simple, but in reality, it's like licking blood on a knife edge—stop-loss is crucial. When MACD is amplified to the extreme, those who dare to chase the rally are mostly going to get trapped. The key is that the interaction cost is so high, frequent stop-losses can't withstand gas fees.
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LiquidityLarryvip
· 5h ago
Is level 94,000 really this hard? It feels like I've been saying it for a long time but still can't break through.
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MerkleMaidvip
· 5h ago
Is 94,000 really coming? It feels like every time people say this is the top, but then it goes back up again.
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NftDeepBreathervip
· 5h ago
94000 is really coming, but I still don't dare to chase. This wave feels too rapid. --- Is ETH going to drop again? Every day talking about the top, when will the real top come? --- The market is strong up to the top, so I think I'll reduce my position first, afraid of being crushed. --- Buying long at 92500 is a good point, just worried about a big bearish candle breaking through 91000 directly. --- Short at high points and buy at lows, it's easy to say but bloody hard to do. --- 3200 is really a hurdle. Can we break through this time? I can't bet on it. --- It's another suggestion to short in batches at high levels. Saying this every time, but we're still the ones losing money.
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