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This week's market key figures are two numbers: Can BTC hold above 90,600? Can ETH break through 3,072?
Honestly, I haven't seen the market enter a strong phase yet. Why do I say that? Looking at historical trends makes it clear—truly strong markets should break through 88,800 and then directly surge toward around 92,000, followed by a pullback to confirm support levels. But the current trend is clearly not following this rhythm. So, before these two key levels are broken, don't rush to chase the highs. Wait for a pullback to consider long positions, which can help extend the holding period appropriately.
But there's a hurdle that must be mentioned: the 91,800-94,000 zone faces enormous resistance. Especially at 91,800, where multiple pressures converge—it's the upper band of the 1-day Bollinger Bands, the middle band of the 3-day Bollinger Bands, and right next to the 1-day EMA52 (92,425). In other words, even if BTC successfully breaks above 90,600, when trying to push higher, the region below 94,000—between 91,800 and 92,425—will present strong resistance.
In terms of trading, short-term contracts must be taken profit and exited decisively. Never be greedy for those elusive high profits. Spot trading can be moderately positioned with a long-term perspective, but contracts should be followed cautiously, step by step. As the month-end approaches, the market is likely to remain volatile, so playing it conservatively is the safest choice.