From the daily candlestick chart, BTC continues to close above the 98000 level. The current resistance level is between 99000-100000, while the support level is seen at 97500-96500. According to the concept of tops and bottoms, the key support level is around 96000, which is the bottom line of the current bullish market for long positions. As for ETH, the daily candlestick shows a strong bullish trend at the 3600 level. The resistance level is seen between 3620-3650, while the support level is between 3500-3550. Similarly, this can be seen as the bottom line of the bullish market for long positions.
Looking at the 4-hour chart, the BTC is currently in the box structure of 92,000-100,000. The market has not yet reached its peak. The short-term support is at 97,000-97,500. ETH has broken through the top of the box structure at 3,550 and can also be seen as a new support level of 3,500-3,550. The upper resistance level is at 3,700-3,750! While the weekend is expected to be mainly consolidating, the range is expected to be BTC99000-97500, ETH3570-3630, and the operation can be mainly focused on low long positions!
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From the daily candlestick chart, BTC continues to close above the 98000 level. The current resistance level is between 99000-100000, while the support level is seen at 97500-96500. According to the concept of tops and bottoms, the key support level is around 96000, which is the bottom line of the current bullish market for long positions. As for ETH, the daily candlestick shows a strong bullish trend at the 3600 level. The resistance level is seen between 3620-3650, while the support level is between 3500-3550. Similarly, this can be seen as the bottom line of the bullish market for long positions.
Looking at the 4-hour chart, the BTC is currently in the box structure of 92,000-100,000. The market has not yet reached its peak. The short-term support is at 97,000-97,500. ETH has broken through the top of the box structure at 3,550 and can also be seen as a new support level of 3,500-3,550. The upper resistance level is at 3,700-3,750!
While the weekend is expected to be mainly consolidating, the range is expected to be BTC99000-97500, ETH3570-3630, and the operation can be mainly focused on low long positions!