#美联储回购协议计划 The weekly line has closed, and the drop last week was indeed fierce, resulting in a strong rebound as soon as the market opened this week. If $BTC can steadily hold above 906, we need to keep an eye on the two key levels of 925 and 945 next—there should be quite a few short orders guarding those places, testing the waters there shouldn’t be a problem.
From a daily perspective, the market is indeed in a Rebound, but the problem is that it keeps rising all day on a smaller scale, giving no one a chance to catch their breath. For those who don't have positions, it's best to wait for it to test the support again before getting in, as this way it's less likely to get stuck. What does everyone think? Will there be a wave of correction tonight before continuing to rise?
Specifically regarding the price level, $BTC needs to keep a close eye on the defense line at 89600.3 today. As long as the hourly line does not break this level, the bulls still have room to continue their efforts. We should pay attention to the upper pressure levels of 90556.6, 91457.1, and 92349.4. Conversely, if it directly breaks 89600.3 at night, then this hourly rebound should come to an end, and we need to defend the support levels at 88623.9, 87679.5, and 86603.3.
As for $ETH, today's pivot point is 3041.43. If it doesn't break this level in an hour, the rebound trend will continue upward, with resistance levels at 3072.97, 3104.21, and 3134.89. If it breaks 3041.43, the hourly rebound will end, and the target for a downward move will be at 3013.40, 2984.28, and 2949.80.
The rebound behind this wave is actually related to the Federal Reserve's repurchase agreement plan, with some macro support, but the technical aspect still needs to be confirmed step by step.
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SocialAnxietyStaker
· 2h ago
It's another round of this numerical game, after a rebound, they start to delineate support and resistance, it feels like it's always half and half.
For those who have positions, honestly don't be greedy, this wave of rise looks urgent.
Does the Fed's little repurchase plan really have such a big impact? It feels a bit mystical.
Whether the 89600 defense line breaks or not, don't panic for now, the key is still whether it can hold above.
ETH looks a bit shaky today, it might come back with a pullback tonight.
As for me without a position, I'll just wait patiently, anyway, I'm not in a hurry to enter a position.
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NFTFreezer
· 2h ago
Wow, another rebound, last time I didn't enter a position, this time I really need to pay attention.
Wait a minute, can this 89600 really hold? It feels like it's been testing for the past few days.
Let's just quietly watch if ETH can break through 3134.
Every time the Fed stirs things up, the crypto world shakes along, it's truly inseparable from the macro environment.
If it breaks 3041, I'll just pull back, I don't have the energy to chase the price.
At 925, there will definitely be a bunch of short orders, it's exciting.
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gas_fee_trauma
· 2h ago
Another wave of Rebound, it's hard to say how far it can go this time.
The 89600 line is really too crucial, if it breaks, it's over.
This little RATS is testing our patience again.
#美联储回购协议计划 The weekly line has closed, and the drop last week was indeed fierce, resulting in a strong rebound as soon as the market opened this week. If $BTC can steadily hold above 906, we need to keep an eye on the two key levels of 925 and 945 next—there should be quite a few short orders guarding those places, testing the waters there shouldn’t be a problem.
From a daily perspective, the market is indeed in a Rebound, but the problem is that it keeps rising all day on a smaller scale, giving no one a chance to catch their breath. For those who don't have positions, it's best to wait for it to test the support again before getting in, as this way it's less likely to get stuck. What does everyone think? Will there be a wave of correction tonight before continuing to rise?
Specifically regarding the price level, $BTC needs to keep a close eye on the defense line at 89600.3 today. As long as the hourly line does not break this level, the bulls still have room to continue their efforts. We should pay attention to the upper pressure levels of 90556.6, 91457.1, and 92349.4. Conversely, if it directly breaks 89600.3 at night, then this hourly rebound should come to an end, and we need to defend the support levels at 88623.9, 87679.5, and 86603.3.
As for $ETH, today's pivot point is 3041.43. If it doesn't break this level in an hour, the rebound trend will continue upward, with resistance levels at 3072.97, 3104.21, and 3134.89. If it breaks 3041.43, the hourly rebound will end, and the target for a downward move will be at 3013.40, 2984.28, and 2949.80.
The rebound behind this wave is actually related to the Federal Reserve's repurchase agreement plan, with some macro support, but the technical aspect still needs to be confirmed step by step.