So repetitive! Bitcoin at 90,000 and Ethereum at 3,000 are once again facing a test from the bulls! Whether they can break through depends on the evening performance!

CN
3 hours ago

Bitcoin and Ethereum fell in the early morning and rebounded in the morning. Now, Bitcoin is facing a test from bulls again at the key levels of 90,000 and Ethereum at 3,000!

Bitcoin slightly rose and then fell back this morning. After dipping to 87,000, it rebounded again near noon, rising above 89,000, erasing the losses from the early morning. From a technical perspective, the daily chart's candlestick price is currently piercing the middle track at 89,000, with a weak bullish MACD showing slight volume, and the RSI is near the neutral zone at 50, yet to break above, with strength needing further confirmation. On the four-hour chart, the MACD is showing bullish volume, and the price is near the upper track. The hourly chart is also showing volume, and the price is expected to continue its upward movement. However, the area near 90,000 is a recent zone of bullish and bearish conversion, presenting strong resistance. To break through in the short term, greater volume is needed to push it. For now, pay attention to the resistance pressure in this area. If it cannot break through, the price will likely fall back again, continuing the recent oscillation pattern. In the European and American sessions, short-term resistance is focused on the 89,500 and 90,500 areas, while short-term support is at 87,000 and 86,500.

Ethereum's movement is similar to Bitcoin's, continuing the range oscillation. After dipping to 2,890 in the morning, it rebounded to erase the early morning losses but fell back under pressure at the 3,000 mark. The current price is hovering around 2,980. From a technical perspective, the hourly MACD is showing increasing momentum, and the price is expected to continue its upward movement. However, this week the price has been consistently operating below the middle track on the daily chart, and the 3,000 mark is also a key level that needs to be overcome and broken through to further rise and test 3,050. In the European and American sessions, attention should be paid to the resistance in this area, while short-term support is focused on the 2,920 and 2,870 areas.

Today is Friday, and there are still no significant data releases in the market. The hawkish interest rate speech from the Bank of Japan did not boost the yen nor suppress cryptocurrencies. Price fluctuations are more influenced by the easing of market sentiment leading to price rebounds. Tonight, the U.S. stock market will open normally, and some volatility is expected, so keep an eye on the evening's performance.

【Friendly Reminder: Market conditions change rapidly; this advice is for reference only.】

This article is exclusively published by (WeChat Official Account: Jian Crypto) and is for reference only. Trading itself is not difficult; the challenge lies in human psychology and self-discipline. I hope we can all continuously improve ourselves through learning, honing our skills, and striving for long-term success.

Market conditions fluctuate in real-time and are time-sensitive. Feel free to scan the QR code to follow the official account for daily market information and real-time communication.

Friendly Reminder: This article is solely owned by the official account (as shown above) of Jian Crypto. Any advertisements at the end of the article or in the comments section are unrelated to the author!! Please be cautious in distinguishing between true and false, and thank you for reading.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink