Currently, both BTC and ETH are in a rebound trend. Although there has been a slight pullback, it has not broken key support levels, which is a technical correction. In the short term, some funds in BTC are taking profits at higher levels, but the price has not significantly dropped, which is a normal consolidation during a rebound. The pullback in ETH is due to short-term profit-taking, but its future elasticity is still worth looking forward to.
$BTC The initial resistance above is set at the early target of 89200. If it can hold steady, the upward trend will continue; support on the pullback is at 87500, and as long as it doesn't break, the bullish rhythm remains unchanged. $ETH Resistance above looks at 3020, support below looks at 2910. If support is not broken, one can continue to hold.
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11.25 midday market analysis and strategy
Currently, both BTC and ETH are in a rebound trend. Although there has been a slight pullback, it has not broken key support levels, which is a technical correction. In the short term, some funds in BTC are taking profits at higher levels, but the price has not significantly dropped, which is a normal consolidation during a rebound. The pullback in ETH is due to short-term profit-taking, but its future elasticity is still worth looking forward to.
$BTC The initial resistance above is set at the early target of 89200. If it can hold steady, the upward trend will continue; support on the pullback is at 87500, and as long as it doesn't break, the bullish rhythm remains unchanged.
$ETH Resistance above looks at 3020, support below looks at 2910. If support is not broken, one can continue to hold.
Strategy: Short-term bulls dominate, the operation is still based on "holding + buying on dips".
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