Monday evening BTC ETH strategy:

BTC dipped to around 93000 in the early morning before rebounding, forming a long lower shadow candlestick, which validates the effectiveness of support near the 93000 level. The current price is fluctuating around 95500, with short-term moving averages showing signs of turning upwards.

The MACD histogram continues to be positive and gradually lengthens.

The new week opened with a rebound after testing support, creating a multi-period resonance with the daily and four-hour charts. There is a need for a correction below the middle line of the Bollinger Bands, opening up short-term rebound space.

Operation Direction

BTC pulled back to the 94000-94800 range, targeting 96500 looking to 98000.

ETH pulled back to the 3120-3160 range, targeting 3250, looking up to 3300.

If BTC continues to fall below the support level of 93000, it indicates that the pullback is not over, and we should continue to look down, waiting for a more stable rebound at a lower position.

#BTC #ETH