1-Hour Level: The price faced resistance and retraced without continuing downward, rebounded and stabilized in the mid-range zone for consolidation; bullish volume supports the sideways movement, the channel is flat, and moving averages are arranged in a cross pattern. In the short term, it is a correction of oscillation, but overall it remains a bullish retracement gathering strength, with a firm mindset to go long at low levels. 4-Hour Level: The price stabilized at the mid-range and surged strongly, the upward channel opened, bullish volume continued to increase, and moving averages moved upward in sync; the small cycle retracement completed its bottoming out and gathered strength, the upward correction has the potential to continue, accompanied by phased oscillation for digestion. Operational Suggestions Buy long near Bitcoin 90500-91000, target near 92500-93000 Buy long near Ethereum 3070-3100, target near 3220-3250
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Evening Analysis
1-Hour Level: The price faced resistance and retraced without continuing downward, rebounded and stabilized in the mid-range zone for consolidation; bullish volume supports the sideways movement, the channel is flat, and moving averages are arranged in a cross pattern. In the short term, it is a correction of oscillation, but overall it remains a bullish retracement gathering strength, with a firm mindset to go long at low levels.
4-Hour Level: The price stabilized at the mid-range and surged strongly, the upward channel opened, bullish volume continued to increase, and moving averages moved upward in sync; the small cycle retracement completed its bottoming out and gathered strength, the upward correction has the potential to continue, accompanied by phased oscillation for digestion.
Operational Suggestions
Buy long near Bitcoin 90500-91000, target near 92500-93000
Buy long near Ethereum 3070-3100, target near 3220-3250