The market experienced another roller-coaster ride overnight, with BTC and ETH encountering resistance at the 94,000 and 3,200 levels, respectively.
BTC showed brief upward momentum in the early session yesterday, testing the 94,000 resistance twice, but failed to break through effectively. After losing steam, it entered a consolidation and pullback channel, reaching a low of 90,800 during the early morning hours. It is currently consolidating around 92,300. ETH also exhibited a consolidation and pullback structure. Although there was some rebound, the strength was limited, and it is currently trading around 3,150, still some distance from previous highs, overall in a weak consolidation state. Currently, BTC faces strong resistance at the 95,000 level and support at the 90,000 level; ETH faces strong resistance at the 3,500 level and short-term support at the 3,000 level. #生活手记
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The market experienced another roller-coaster ride overnight, with BTC and ETH encountering resistance at the 94,000 and 3,200 levels, respectively.
BTC showed brief upward momentum in the early session yesterday, testing the 94,000 resistance twice, but failed to break through effectively. After losing steam, it entered a consolidation and pullback channel, reaching a low of 90,800 during the early morning hours. It is currently consolidating around 92,300.
ETH also exhibited a consolidation and pullback structure. Although there was some rebound, the strength was limited, and it is currently trading around 3,150, still some distance from previous highs, overall in a weak consolidation state.
Currently, BTC faces strong resistance at the 95,000 level and support at the 90,000 level; ETH faces strong resistance at the 3,500 level and short-term support at the 3,000 level. #生活手记