Bitcoin daily breakout above 90600 resistance, but short-term momentum weakens, entering a phase of oscillation and correction after the breakout. The overall bullish trend remains unchanged, but time is needed to digest the gains. The MACD lines are above the zero axis, but the red histogram is shrinking → short-term upward momentum is waning. The RSI has fallen from overbought territory to 54.66 → market sentiment cooling, becoming more neutral. Moving averages: EMA7/30 form a golden cross in a bullish alignment, with the price testing the EMA7 support → watch for short-term moving average support effectiveness.
Within the new range of 88000-93000, approach with a oscillation mindset. Pay attention to support levels for stabilization, be cautious near resistance levels. Before the direction becomes clearer, avoid blindly chasing highs.
1.3 Bitcoin Trading Strategy: Short at 91200-90200, stop loss above 92200, target 89150-88350 Long at 88450-89350, stop loss below 87400, target 90150-91050
1.3 Ethereum Trading Strategy: Short at 3155-3115, stop loss above 3205, target 3055-3015 Long at 3005-3045, stop loss below 2975, target 3095-3145
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Bitcoin daily breakout above 90600 resistance, but short-term momentum weakens, entering a phase of oscillation and correction after the breakout. The overall bullish trend remains unchanged, but time is needed to digest the gains. The MACD lines are above the zero axis, but the red histogram is shrinking → short-term upward momentum is waning. The RSI has fallen from overbought territory to 54.66 → market sentiment cooling, becoming more neutral. Moving averages: EMA7/30 form a golden cross in a bullish alignment, with the price testing the EMA7 support → watch for short-term moving average support effectiveness.
Within the new range of 88000-93000, approach with a oscillation mindset. Pay attention to support levels for stabilization, be cautious near resistance levels. Before the direction becomes clearer, avoid blindly chasing highs.
1.3 Bitcoin Trading Strategy:
Short at 91200-90200, stop loss above 92200, target 89150-88350
Long at 88450-89350, stop loss below 87400, target 90150-91050
1.3 Ethereum Trading Strategy:
Short at 3155-3115, stop loss above 3205, target 3055-3015
Long at 3005-3045, stop loss below 2975, target 3095-3145