Bitcoin's daily K line formed a doji, just hitting the middle band and then backing off. The 93,000 level is really tough; the previously mentioned pressure levels of 90,000 to 92,000, as well as 93,000, have all been tested — it's time to catch a breather. Remember, it's a pullback, not a shift to bearish.
Ethereum? Copy and paste Bitcoin's trend. The daily line hits the upper Bollinger band and then turns around, right in the old pressure zone of 3000-3200. The elasticity is used up, it's time to take a break. Don't chase the highs in the short term, the resistance level is right there.
If you want to short: BTC can be considered in the range of 92,000 to 93,000, and ETH around 3,100. This judgment comes from the technical pressure combined with the liquidation heatmap and on-chain data, not just a random thought.
Currently, there are no signs of reversal on both the daily and weekly charts, and the bulls lack support strength. BTC may need to pull back to 80,000 before it can be considered stable (specifics will depend on subsequent verification), and ETH may need to test 2,600 again (which also requires time to confirm). A true bottom should be observed for at least 2 to 3 weeks before drawing conclusions.
Looking back at the previous rhythm: BTC started to rise from 81000, pulling up by twelve thousand points; ETH started from 2700 and also gained nearly 400 points. Currently, BTC is closely watching the line at 93000 above, and the support is at the integer level of 80000 below.
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DAOdreamer
· 19h ago
The doji star is indeed weak, and 93,000 really is hard to break. We’ll see if the pullback can hold at 80,000, otherwise it will repeat the same scenario again.
ETH is like a follower, once it gets dumped at 3100, it loses its temper. If you really want to buy the dip, you have to wait a bit longer, as 2600 is the real opportunity.
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UncleWhale
· 19h ago
93,000 this level really is stuck, the doji star is clearly timid, the pullback should come if it's going to.
There’s a bit of opportunity for short orders this time, but we still need to wait for verification, don’t rush to buy the dip.
The strength of long positions has indeed weakened, it will take 2 to 3 weeks to see clearly where the bottom really is.
It’s quite exhausting to go from 81,000 to 93,000, it’s time to take a break. I’ll only consider catching a falling knife if it drops to 80,000.
ETH is just copy and paste, oscillating between 3,100 and 2,600, the liquidation heat map points very clearly.
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SnapshotLaborer
· 19h ago
Can 93000 hold? I think it's doubtful, this wave of resistance level is a bit intense.
The Doji star is just playing dead, don't buy into that, short orders still need to wait for opportunities.
If 80,000 really breaks... then we have to talk about turning bearish, saying pullback now is too optimistic.
This ETH dish is a bit tiresome, it's just like a BTC parrot, not interesting.
The 2 to 3 weeks observation period means don't mess around recently, right?
If this 80,000 support can't hold, then all of the previous rebounds will be in vain.
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WalletWhisperer
· 19h ago
93,000 is just a paper tiger, always turning around here, so annoying.
The closing of the doji star feels like the beginning; we need to see if it can hold above.
ETH following BTC's playbook is getting tiresome; when will we see some independent market movements?
A pullback to 80,000? I'm betting this time it can break; the previous rebound was just a bull trap.
The resistance level is indeed there, but we retail investors love to get trapped at the resistance level; it’s an old trick.
3100 looks tough, but I don't believe in the bottom at 2600.
Honestly, we won't see the real outcome for two to three weeks; during this time, it's safest not to do anything.
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GasFeeWhisperer
· 19h ago
93,000 is just a paper tiger, after the test it really needs to rest, I bet I’ll have to step on 80,000 next week.
The pullback is indeed as you said, but what I'm more afraid of is that 2 to 3 week observation period... who can wait?
ETH's following nature is really hard to describe, but luckily I shorted a long time ago.
Bitcoin's daily K line formed a doji, just hitting the middle band and then backing off. The 93,000 level is really tough; the previously mentioned pressure levels of 90,000 to 92,000, as well as 93,000, have all been tested — it's time to catch a breather. Remember, it's a pullback, not a shift to bearish.
Ethereum? Copy and paste Bitcoin's trend. The daily line hits the upper Bollinger band and then turns around, right in the old pressure zone of 3000-3200. The elasticity is used up, it's time to take a break. Don't chase the highs in the short term, the resistance level is right there.
If you want to short: BTC can be considered in the range of 92,000 to 93,000, and ETH around 3,100. This judgment comes from the technical pressure combined with the liquidation heatmap and on-chain data, not just a random thought.
Currently, there are no signs of reversal on both the daily and weekly charts, and the bulls lack support strength. BTC may need to pull back to 80,000 before it can be considered stable (specifics will depend on subsequent verification), and ETH may need to test 2,600 again (which also requires time to confirm). A true bottom should be observed for at least 2 to 3 weeks before drawing conclusions.
Looking back at the previous rhythm: BTC started to rise from 81000, pulling up by twelve thousand points; ETH started from 2700 and also gained nearly 400 points. Currently, BTC is closely watching the line at 93000 above, and the support is at the integer level of 80000 below.