Can Bitcoin hold the 94,700 support level? It directly determines the fate of the upcoming rebound. If the 4-hour chart recovers above 94,700, there is still hope for the market to continue rebounding; otherwise, this rebound may be coming to an end. Once broken below, all cryptocurrencies will lose their reason to remain bullish.



Ethereum's movement generally follows Bitcoin, with its key critical level around the 3,280 range.

From a trading perspective, the approach for Bitcoin is as follows: When a small-scale rebound reaches between 94,200 and 94,700, if the 1-hour chart shows clear resistance, it can be considered a shorting opportunity. Set the stop-loss above 95,800 (giving a 1,000-point range), and the take-profit target below in the 80,000 to 70,000 range.

Ethereum's strategy is similar. When the rebound reaches around 3,260-3,280 and faces obvious resistance, you can follow up with a short plan. Place the stop-loss above 3,370, and the take-profit targets are similarly set between 2,000 and 1,500.

The core trading principle is to prepare your plan in advance and then execute it strictly. Market opportunities always exist; those who are prepared are the ones who can seize them.
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SchrodingerGasvip
· 8h ago
Is this threshold of 94,700 really so sacred? It seems like every time someone calls it the life-and-death line at a certain integer level, but it still gets broken through...
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GasWastervip
· 8h ago
94700 is really that crucial? It feels like every time people are talking about key support... Let's see if it breaks or not first, anyway I'm still holding my short positions. Plans can't keep up with changes; the market changes whenever it wants. This theory sounds comfortable. It's all about stop-loss and take-profit, but the key is whether you can stick to it or not. Let's wait and see if it can really hold, otherwise it's just false hope.
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NFT_Therapyvip
· 8h ago
94700 is really the life and death line. If broken, it's an immediate wipeout; if not, there's still a chance to survive.
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DefiVeteranvip
· 8h ago
94700 really that sacred? Feels like this number has been shouted a hundred times, maybe it's just a cover-up. Wait, short to 7万? That's an aggressive move, my principal can't withstand that. It's always about the plan execution theory, sounds nice, but in reality it's just luck. Who can really execute it strictly? Looking at these numbers, I'm just confused anyway. Let's wait until the breakdown before making any moves. I'm willing to short, but I'm just afraid that at the moment of stop-loss, I might get liquidated all at once.
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