The overall situation of the current market is still in the recovery phase after the decline, structurally belonging to weak fluctuations rather than a unilateral market. In the short term, there are no conditions for continuous upward movement. As long as the price cannot effectively return to the key resistance level above, the market is likely to continue in a range-bound manner, first fluctuating, then choosing a direction. There is support below, but the rebound space is limited.
Currently, we are still in a position of not chasing after price increases and not entering the market emotionally. We will patiently wait for the price to retest and stabilize in the key support area before considering positioning. If a stagnation signal appears near the resistance during the rebound, we will still prioritize defense. In this phase, it is not about who is bold, but about who can maintain the rhythm and control the position well.
Entry point: 89500–90000 range to focus on support;
Target: around 91500–92000. #美联储降息
BTCUSDT
Perp
89,496.3
-0.84%
ETHUSDT
Perp
3,099.32
-0.33%