#战略性加仓BTC Bitcoin surged to 90,400 yesterday but failed to hold, then turned around and dropped back down, with the lowest point reaching 86,760. It is now oscillating within the 87,000-88,000 range. The market for Ethereum is even more frustrating; it only touched 3,060 before turning around, and all the gains of the day have been wiped out. It is now stuck stubbornly between 2,900 and 2,950 with no movement.
The main driver is the continuous outflow of ETF funds, which makes the price correction inevitable. From a technical perspective, the daily Bollinger Bands are tightening, and volatility has reached a critical point, ready to make a directional choice. On the smaller timeframes (4-hour and 1-hour charts), the RSI has already fallen into oversold territory, leaving little room for further decline, so a rebound is quite likely—just a correction. However, the 4-hour MACD is still in a bearish phase, and with all short-term moving averages above the price, the height of any rebound will be limited.
Today's trading strategy:
**Bitcoin**: The first resistance level for a rebound is 88,000; if strength continues, it could test 89,000. Support is set at 86,000-86,500.
**Ethereum**: Focus on 2,980-3,000 for a rebound. If it cannot break this level, then look down to 2,870-2,900.
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EternalMiner
· 6h ago
Breaking through the barrier again? The 88,000 level might be a bit of a stretch, not to mention ETH, which seems like it will be suppressed all the way down to 2870.
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Blockblind
· 6h ago
It's the same old trick. Once 90,400 is smashed down, you know there's no hope. Who can stop ETF draining? The oversold rebound is just a patch-up; if 88,000 can't be broken, we still have to keep looking at a decline.
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Liquidated_Larry
· 6h ago
Another day, another round of setbacks... Whether the 86,000 level can hold is the real key.
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DegenRecoveryGroup
· 7h ago
It just fucking crashed again. It happens every time. The brothers who bought in at high levels are going to be trapped again.
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DataOnlooker
· 7h ago
Once again, a sharp drop from a high level. It happens every time, feels like I've been played. Can 86,000 hold? Feeling a bit anxious.
#战略性加仓BTC Bitcoin surged to 90,400 yesterday but failed to hold, then turned around and dropped back down, with the lowest point reaching 86,760. It is now oscillating within the 87,000-88,000 range. The market for Ethereum is even more frustrating; it only touched 3,060 before turning around, and all the gains of the day have been wiped out. It is now stuck stubbornly between 2,900 and 2,950 with no movement.
The main driver is the continuous outflow of ETF funds, which makes the price correction inevitable. From a technical perspective, the daily Bollinger Bands are tightening, and volatility has reached a critical point, ready to make a directional choice. On the smaller timeframes (4-hour and 1-hour charts), the RSI has already fallen into oversold territory, leaving little room for further decline, so a rebound is quite likely—just a correction. However, the 4-hour MACD is still in a bearish phase, and with all short-term moving averages above the price, the height of any rebound will be limited.
Today's trading strategy:
**Bitcoin**: The first resistance level for a rebound is 88,000; if strength continues, it could test 89,000. Support is set at 86,000-86,500.
**Ethereum**: Focus on 2,980-3,000 for a rebound. If it cannot break this level, then look down to 2,870-2,900.