Bitcoin's Strategy Today

Bitcoin rebounded after holding the line at 89000, the rhythm is still trending upwards, tonight the key focus is whether it can touch the range of 95000 to 96000 again. As long as it does not firmly stay above 95000, this area will still be a resistance, and any pullback will be a low buy rhythm.

Ethereum continues to be stronger than Bitcoin, the daily W-bottom structure is complete, there's a strong sense of the end of the washout phase, volatility will increase, but the direction is still leaning towards a rebound.

The core logic has two points: Bitcoin's relative value to gold is close to the 200-week moving average, long-term value is relatively low; young wallets continue to accumulate, new funds are filling positions.

Intraday Rhythm

Support at 88000 to 88500 for long on pullback

Resistance at 94000 to 94500 for short on rebound

Volatility is brewing, the strength of the next few K-lines will give direction $ETH . $BTC #ETH走势分析 #美联储降息 #加密市场反弹