$BTC surged in the morning and has been oscillating between 92,000 and 93,000, now consolidating around 92,700. From the daily chart, it shows a high-level fluctuation + technical adjustment, with momentum clearly waning, and a short-term possibility of a pullback.
As long as it does not break below the support level, it can be understood as a strong recovery trend. Before clear bearish signals appear, it’s still advisable to stick to a low-buying strategy.
💥 Trading suggestions:
$BTC can be bought in batches between 92,400 and 91,900, with targets around 93,500 to 94,500.
$ETH can be entered in batches between 3,240 and 3,210, with targets around 3,290 to 3,300.
Pullbacks are opportunities; don’t be too greedy. Before the bulls weaken, avoid chasing shorts.
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Wednesday midday market review is here🔥
$BTC surged in the morning and has been oscillating between 92,000 and 93,000, now consolidating around 92,700. From the daily chart, it shows a high-level fluctuation + technical adjustment, with momentum clearly waning, and a short-term possibility of a pullback.
As long as it does not break below the support level, it can be understood as a strong recovery trend. Before clear bearish signals appear, it’s still advisable to stick to a low-buying strategy.
💥 Trading suggestions:
$BTC can be bought in batches between 92,400 and 91,900, with targets around 93,500 to 94,500.
$ETH can be entered in batches between 3,240 and 3,210, with targets around 3,290 to 3,300.
Pullbacks are opportunities; don’t be too greedy. Before the bulls weaken, avoid chasing shorts.