From the hourly chart, the early morning surge pushed prices up to around 905000, facing resistance. In the afternoon, prices retreated to test the support at 86500. After the decline, the bearish momentum weakened, and the downward trend lost momentum. The overall movement remains in a range-bound consolidation pattern. In the evening, rely on support levels to set up long positions. Trading Suggestions Look for long positions around 86200-86700 for Bitcoin, with targets at 88700-89200-9000. For Ethereum, look for long positions around 2880-2900, with a target near 3080$BTC $ETH
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Evening Analysis
From the hourly chart, the early morning surge pushed prices up to around 905000, facing resistance. In the afternoon, prices retreated to test the support at 86500. After the decline, the bearish momentum weakened, and the downward trend lost momentum. The overall movement remains in a range-bound consolidation pattern. In the evening, rely on support levels to set up long positions.
Trading Suggestions
Look for long positions around 86200-86700 for Bitcoin, with targets at 88700-89200-9000.
For Ethereum, look for long positions around 2880-2900, with a target near 3080$BTC $ETH