#加密市场反弹 Evening Market Review
The cryptocurrency prices during the day have indeed been lackluster, basically remaining stagnant. After a surge in the early morning, it has entered a consolidation phase, oscillating within this range for a whole day. To be honest, as long as we hold above the midline of the range at 91350, there’s no need to worry too much about a retest of the support at 89400 below. However, if the midline is broken, there’s a high chance we will need to test the lower support level again.
What is the current issue? It’s the inability to break through the resistance at 92750. As long as it’s stuck here, there’s no hope for an upward movement. Unless we break this key resistance at 92750 and also break out of the entire range, there’s a possibility of pushing towards new highs. Otherwise, we will continue to oscillate between 92750 and 91350.
The evening trading strategy is as follows: consider entering at the position between 91500 and 92000, with the target direction looking towards the range of 92700-93600.
