Looking at the overall market trend, it's quite positive. From the perspective of the broad market, today marks the sixth day of rebound, which is also the first significant rebound after a prolonged period of consolidation. The key question now is whether there's still room for further movement—will it continue to rise or begin a correction?
First, looking at Bitcoin, after breaking through the 90,000 level, our expectation was around 95,000. The price has now reached a high of 94,789, completing this upward trend. It has now entered a correction phase, with support near 92,000. If it doesn't break below this level, it could be a good entry point. Overall, the trend remains upward, with the next resistance at 98,000—this is the most promising path to reclaim the 100,000 level this year.
For Ethereum, the first target was 3,220, which has now been reached and followed by a pullback. It has returned to the second expected level near 3,320—the highest point today was 3,308. The upside potential for Ethereum is limited at this stage. However, if Bitcoin continues its positive momentum, it could drive Ethereum higher. The next resistance lies near the previous high of 3,450.
Overall, the altcoins have shown their best performance in nearly two months. Currently, we only hold a small amount of TAO, some ASTER, and a few fan tokens. In this market condition, such a position is sufficient. We don't recommend chasing gains. Seeking a 10% return while risking a 20% pullback is not worth the effort.
#ETH走势分析
