12.6 Bitcoin has frequently staged roller coasters in the short term, and a trend reversal is about to come!
Currently, the technical aspect of Bitcoin has broken through the downward channel trend pressure, with the second high point gap of the upward channel near 95000. In the short term, this position will be tested; if broken, it may expand the upward space. If it does not break 95000, it will drop to around 86000; Ethereum's parallel pressure of 3250 has been tested, with trend pressure around 3280~3300.
From the perspective of the big cycle monthly line, BTC is supported near 85000 below the closing midline. The daily line has ended its second exploration, bouncing against the weekly lower trend line at 94000 pressure. The daily line has reached the upper trend line of the weekly; if it does not break 90000, it continues to rebound to around 110000. The ETH monthly line closes around 2700, rising from 2700 to about 3200 overnight. The daily line is currently under upper pressure; if it falls back to 3000 and does not break, it will continue to rise to around 3500. For friends who find recent market operations unsatisfactory, consult btc0796 to find me and discuss the market together.
Operation suggestions:
BTC 89500-90350 go long, target looking at 92000 -94000, stop loss at 88500
ETH 3060-3100 go long, target looking at 3250 - 3350, stop loss at 3000
