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Bitcoin’s recent V-shaped rebound has broken through the 91,900 starting point of the previous drop, indicating that the bulls still have strength. However, 92,270 and 91,900 have formed a double top structure on the hourly chart, and short-term pullback pressure is starting to show.



Current trading strategy: You can try a light short position around 91,650 with a stop loss at 96,200. The first target is the 90,700–90,300 range; if this level breaks, the bearish momentum could extend to 89,000–89,300. At that point, consider switching to a long position with the stop loss set below 88,360.

Once this trade structure is completed, the next key level to watch is the 93,100 resistance. If the price rebounds to this level, you can go short, add to the position at 93,790, and set a stop loss at 94,200. If it breaks out, look toward 96,000–96,600, but 97,300 is the final line of defense above. On a pullback, take profit at 93,200.

For Ethereum, the initial expectation was for a top and reversal in the 3,035–3,050 range. The price has now touched 3,064 and stopped rising, with the secondary high of 3,018 also confirmed. 3,050 is a key short entry, with a stop loss at 3,065 and the first target at 2,972. If it breaks below that, keep an eye on 2,940–2,910, where you can open a long position with a stop loss at 2,887.

Once support is established, the rebound resistance is between 3,050 and 3,100. Pay attention to position management and strictly execute stop losses.
BTC4.24%
ETH6.8%
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TommyTeacher1vip
· 11h ago
The double top resistance is definitely something to watch out for. This rebound should be about done if it reaches 93100.
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PaperHandSistervip
· 11h ago
This double top at 92270 really can't hold anymore, it feels like there's not much room left.
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LiquidityHuntervip
· 11h ago
This double top from 92270 to 91900... the liquidity is a bit too concentrated. In the short term, this price spread is definitely worth paying attention to, but I haven't seen the depth data at the 93100 level. Something just feels off.
View OriginalReply0
LiquidityHuntervip
· 11h ago
The double top pattern has likely confirmed; there’s plenty of room for a drop.
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