Yesterday, the overall market was weak and volatile. After a sideways session in the daytime, it gradually moved upward. In the evening, there was a sharp decline to around 89,400, followed by a quick rebound, regaining above 90,000.
From the chart, the four-hour timeframe shows a clear lower shadow, indicating effective support; the hourly chart stabilized near previous support levels and oscillated to build a bottom, with bearish momentum weakening; bulls are expected to gradually recover.
Operational suggestions mainly focus on buying on dips: Bitcoin: Buy in the 90,000-89,200 range, with targets of 91,000-92,500 Ethereum: Buy in the 3,030-3,070 range, with targets of 3,150-3,200
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12.13 Sharing
Yesterday, the overall market was weak and volatile. After a sideways session in the daytime, it gradually moved upward. In the evening, there was a sharp decline to around 89,400, followed by a quick rebound, regaining above 90,000.
From the chart, the four-hour timeframe shows a clear lower shadow, indicating effective support; the hourly chart stabilized near previous support levels and oscillated to build a bottom, with bearish momentum weakening; bulls are expected to gradually recover.
Operational suggestions mainly focus on buying on dips:
Bitcoin: Buy in the 90,000-89,200 range, with targets of 91,000-92,500
Ethereum: Buy in the 3,030-3,070 range, with targets of 3,150-3,200