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$BTC This morning, BTC surged to the 88200 level before instantly losing momentum, with long positions' energy plummeting sharply, dipping down to around 86851 before experiencing some recovery; Ethereum, like BTC, reached a high of around 2983 this morning but fell back after failing to break through the 3000 barrier, dipping to a low of around 2918.


The rebound trend of the daily level is clearly oscillating upward, but its strength is visibly diminishing; from the four-hour level: multiple long lower shadows seem to indicate support from low-level buying, but the pace of rising highs is slowing down, which is enough to prove that the rebound momentum is severely insufficient, and the long positions are fundamentally unable to launch an effective breakthrough; the current market is in an awkward situation where support seems to exist, but the upward momentum is exhausted. The core logic locks in the high end of the range, and since the rebound strength has weakened and there is a lack of key actions for a breakout, each rebound to the high end of the range presents a good shorting opportunity. The main forces are highly likely to use the oscillating upward movement to lure in long positions, so do not be misled by superficial support and blindly catch the bottom.
Operation suggestion: Bitcoin is oscillating in the range of 87800-88200, with the target looking towards 86800-86400.
Ethereum is consolidating in the 2950-3000 range, aiming towards 2850-2900. #比特币波动性 $ETH #以太坊
BTC-6.71%
ETH-9.55%
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