During the midday session, BTC showed a oscillating upward trend supported by the 89500 level. The 90000-91000 range formed a short-term stabilization platform, with key resistance concentrated at 92800-93200. A breakout above this level could further push towards the high near 95000. ETH is also in a oscillating rebound phase, with 3050 serving as a strong short-term support. The 3090-3120 range offers a good risk-reward ratio for long positions. The initial target for the rebound is at the resistance levels of 3180-3200, with a breakout potentially extending to the 3230-3280 range.
Live Trading Strategy
BTC
Direction: Long Entry Range: 90000-91000, add on dips at 89500 Target: 92800-93200, second target near 95000
ETH
Direction: Long Entry Range: 3090-3120, add on dips at 3050 Target: 3180-3200, second target near 3230-3280
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Market Analysis
During the midday session, BTC showed a oscillating upward trend supported by the 89500 level. The 90000-91000 range formed a short-term stabilization platform, with key resistance concentrated at 92800-93200. A breakout above this level could further push towards the high near 95000.
ETH is also in a oscillating rebound phase, with 3050 serving as a strong short-term support. The 3090-3120 range offers a good risk-reward ratio for long positions. The initial target for the rebound is at the resistance levels of 3180-3200, with a breakout potentially extending to the 3230-3280 range.
Live Trading Strategy
BTC
Direction: Long
Entry Range: 90000-91000, add on dips at 89500
Target: 92800-93200, second target near 95000
ETH
Direction: Long
Entry Range: 3090-3120, add on dips at 3050
Target: 3180-3200, second target near 3230-3280