Currently, no new lows have been broken intraday, and a higher low has formed. The lower boundary support remains solid, downward momentum is weakening, and the market is entering a consolidation and correction phase. The MACD green bars have significantly shortened, and the fast and slow lines are converging at low levels. The rebound structure is established, with decreasing volume on the decline and no increase in volume on the rebound to push prices down, indicating insufficient bearish momentum.
Buy near 86,900 for Bitcoin Targets: 87,600, 88,000, 88,500 Stop loss: 86,400
Buy near 2,920 for Altcoin Targets: 2,950, 2,980, 3,010 Stop loss: 2,899
The decline is not continuing + technical indicators are resonating and repairing This is a rebound, not a trend reversal. Use light positions, enter and exit quickly. Focus on low buys in the evening, avoid chasing high prices.
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$btc $ETH Bitcoin and Altcoin Evening Strategy;
Currently, no new lows have been broken intraday, and a higher low has formed. The lower boundary support remains solid, downward momentum is weakening, and the market is entering a consolidation and correction phase. The MACD green bars have significantly shortened, and the fast and slow lines are converging at low levels. The rebound structure is established, with decreasing volume on the decline and no increase in volume on the rebound to push prices down, indicating insufficient bearish momentum.
Buy near 86,900 for Bitcoin
Targets: 87,600, 88,000, 88,500
Stop loss: 86,400
Buy near 2,920 for Altcoin
Targets: 2,950, 2,980, 3,010
Stop loss: 2,899
The decline is not continuing + technical indicators are resonating and repairing
This is a rebound, not a trend reversal. Use light positions, enter and exit quickly.
Focus on low buys in the evening, avoid chasing high prices.