The cycle structure of Bitcoin is right in front of us. Is a direct plunge after consolidating along the black line likely? The probability is indeed low. In contrast, the possibility of the red line is greater; this path is relatively more in line with the current rhythm.
**Support Level Assessment**
As long as the position at 89 holds, the bullish outlook remains valid. However, if it really drops below 89800, then it must be an immediate reversal, directly switching to a bearish outlook. The market can change, and one cannot just stick to a single path.
**BTC Specific Operations**
If it stands above 90500, we can look towards the range of 91000-91500. Conversely, once it breaks below 89800, quick action is required—the target shifts to around 89000-88900. The market changes rapidly, and sticking to one direction too firmly can lead to losses; strategies must be adjusted at all times.
**ETH Position Suggestion**
The 3030 level is the bottom line. If it holds, the bulls can continue to hold. If it can stabilize above 3050, there will be basically no problem, and it can be held with confidence. The upward target is aimed at the range of 3100-3130. If 3030 is lost, then look for support around 3000-2950.
In any case, these are just analytical ideas. The specific operations must be flexibly adjusted according to real-time trends, and do not be bound by fixed thinking.
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NFT_Therapy_Group
· 8h ago
The analysis is very reliable and accurate.
View OriginalReply0
BlockchainNewbie
· 8h ago
Shorting the top can ruin a lifetime.
View OriginalReply0
StakeOrRegret
· 8h ago
Continue to be bullish with stability and a bit more.
**Market Structure Analysis**
The cycle structure of Bitcoin is right in front of us. Is a direct plunge after consolidating along the black line likely? The probability is indeed low. In contrast, the possibility of the red line is greater; this path is relatively more in line with the current rhythm.
**Support Level Assessment**
As long as the position at 89 holds, the bullish outlook remains valid. However, if it really drops below 89800, then it must be an immediate reversal, directly switching to a bearish outlook. The market can change, and one cannot just stick to a single path.
**BTC Specific Operations**
If it stands above 90500, we can look towards the range of 91000-91500. Conversely, once it breaks below 89800, quick action is required—the target shifts to around 89000-88900. The market changes rapidly, and sticking to one direction too firmly can lead to losses; strategies must be adjusted at all times.
**ETH Position Suggestion**
The 3030 level is the bottom line. If it holds, the bulls can continue to hold. If it can stabilize above 3050, there will be basically no problem, and it can be held with confidence. The upward target is aimed at the range of 3100-3130. If 3030 is lost, then look for support around 3000-2950.
In any case, these are just analytical ideas. The specific operations must be flexibly adjusted according to real-time trends, and do not be bound by fixed thinking.
Attention to currency: $BTC $ETH $DOGS $LTC $BCH $U2U $IOST $QTUM