Compared to the weekend, the market pace has obviously accelerated. After Bitcoin touched the 88288 support, it directly surged up, rushing to the 90,000 integer level. During the live broadcast, it was mentioned that many fans built positions around 90,000; at that time, they were worried about not returning to break-even, but now they have unwound their positions, and this is the magic of the market.
However, Bitcoin faces resistance each time it breaks through a 1000-point integer above 90,000—that's a pattern. Last week's high was at 94500, and after falling back, it hasn't been able to reach that level again in the past half month, which is a significant pressure.
Looking at Ethereum, it just reached the 3150 level. This position is quite critical; it was support last week, but now it has turned into resistance. Going higher, both 3235 and 3340 need to be watched carefully.
Below, the 3000 integer is an important support level. Further down is near the previous low at 2600, which is an extreme support.
Compared to the weekend, the market pace has obviously accelerated. After Bitcoin touched the 88288 support, it directly surged up, rushing to the 90,000 integer level. During the live broadcast, it was mentioned that many fans built positions around 90,000; at that time, they were worried about not returning to break-even, but now they have unwound their positions, and this is the magic of the market.
However, Bitcoin faces resistance each time it breaks through a 1000-point integer above 90,000—that's a pattern. Last week's high was at 94500, and after falling back, it hasn't been able to reach that level again in the past half month, which is a significant pressure.
Looking at Ethereum, it just reached the 3150 level. This position is quite critical; it was support last week, but now it has turned into resistance. Going higher, both 3235 and 3340 need to be watched carefully.
Below, the 3000 integer is an important support level. Further down is near the previous low at 2600, which is an extreme support.