Pancake
From the 1-hour structure, as long as BTC stabilizes
in the 92300-92800 range, the bullish trend will not
be damaged; a pullback is an opportunity, not a risk.
The real risk lies in wanting to chase after you see an
increase, and panicking when you see a pullback.
Buying on the pullback at 92300-92800 is the main
strategy.
Target: 94200-95500
A second breakthrough at 94600 will continue to open up
upward space. Only a drop below 91500 will switch to a
pullback structure.
Ether
The ETH large-scale trend remains strong; after breaking
the 3300 mark in the afternoon, it entered a main upward
wave, reaching a high of 3397.
Currently, it's in a high-level sideways movement on the 1-hour
chart, which is part of a strong trend’s turnover, not a top
structure. The MACD momentum is still being released,
the 4-hour Bollinger Bands upper track is fully opened,
indicating that tonight's market still has room for a
second rise.
Considering the news (U.S. stock rebound + on-chain
sentiment warming + ETF expectations heating up), the
funding environment is biased towards bullishness,
the outlook remains predominantly bullish. In terms of
operations, it is recommended to mainly follow the trend
with low buys, 3300-3330 is a good pullback support
zone, with a target towards 3380 and strong resistance
at the 3450 area. Aggressive traders can short lightly
between 3380-3400, but only for pullbacks, and stop-loss
must be well managed.
