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Wednesday midday market overview:
Bitcoin surged in the morning and is currently testing around 92,700. From a daily chart perspective, it is oscillating at a high level within the 92,000-93,000 range, with the gains gradually narrowing, indicating a short-term correction phase. Whether it can continue to push higher depends mainly on whether a wave of adjustment will occur before the breakout to release pressure.
If it consolidates sideways, it shows that the bulls still have strength; but before clear bullish signals appear, the strategy should focus on bullish positioning. The trading gains made this morning have already been realized, and the short-term space is limited.
Technical reference:
#以太坊大户持仓变化 Consider long positions in the 92,400-91,900 range, with the upper target around 93,500-94,500.
$BTC You can follow up around 3,240-3,210, with resistance at 3,290-3,300.
Whale holdings fluctuations are worth monitoring, but the core focus remains on holding support levels and waiting for clearer signals.