๐ Intraday Market Observation
BTC
Cycle Status:
1H / 4H: Operating below the healthy range
Daily: Still not back to the healthy range, trend is weak but not out of control
Intraday Expectation: Mainly consolidating at high levels, waiting for a directional choice
Key Support: 87,000 โ 88,000
Upper Pressure: 89,500 โ 90,000
Short-term should be treated with a range mindset; it is not advisable to chase prices before an effective breakout
ETH
Cycle Status:
1H / 4H: Operating below the healthy range
Daily: Structure has not yet recovered, weak fluctuations
Intraday Expectation: Probability of maintaining range fluctuations is high
Key Support: 2,850 โ 2,900
Upper Resistance: 2,970 โ 3,020
More suitable for high selling and low buying within the range, waiting for volume and structural recovery signals
Summary
The large cycle is not damaged, but short-term momentum is insufficient
Intraday focus on controlling positions and waiting for confirmations
True direction requires waiting for confirmation after a breakout of the range
BTC
Cycle Status:
1H / 4H: Operating below the healthy range
Daily: Still not back to the healthy range, trend is weak but not out of control
Intraday Expectation: Mainly consolidating at high levels, waiting for a directional choice
Key Support: 87,000 โ 88,000
Upper Pressure: 89,500 โ 90,000
Short-term should be treated with a range mindset; it is not advisable to chase prices before an effective breakout
ETH
Cycle Status:
1H / 4H: Operating below the healthy range
Daily: Structure has not yet recovered, weak fluctuations
Intraday Expectation: Probability of maintaining range fluctuations is high
Key Support: 2,850 โ 2,900
Upper Resistance: 2,970 โ 3,020
More suitable for high selling and low buying within the range, waiting for volume and structural recovery signals
Summary
The large cycle is not damaged, but short-term momentum is insufficient
Intraday focus on controlling positions and waiting for confirmations
True direction requires waiting for confirmation after a breakout of the range