Thursday daytime BTC/ETH latest thoughts

Reviewing last night, we initially had a smooth ride, just reaching the first resistance level before beginning a perfect downtrend, which also served as a reminder to watch out for potential collapses. Hope many of you caught the trap early!

Let's first look at the 4-hour mid-term uptrend, which remains stable. Each pullback has been effectively supported at key levels. Currently, the sideways consolidation with moderate volume expansion indicates healthy rotation during the uptrend, building momentum for a potential surge.

Looking at the 1-hour chart, there are volume-driven pullbacks and volume-contraction rebounds, showing cautious market sentiment in the short term with slight corrections expected. However, this is a healthy retracement by the bulls and does not alter the mid-term uptrend.

Bitcoin: around 89,000, then aiming for 92,000-93,000;
Ethereum: around 3,150, then aiming for 3,240-3,320

Personal opinion, for entertainment only, not investment advice!