Bitcoin continues its strong oscillation and upward trend today, climbing from a low of 94,559 in the early morning, breaking through the 95,000 and 97,000 levels, reaching a high of 97,924 before pulling back to around 96,800 for consolidation. The 24-hour increase is 1.37%, with a trading volume of 29.1 billion USD supporting the trend. Ethereum moves in sync, rising from a low of 3,280 to a high of 3,402, then fluctuating narrowly. The current price is 3,328, with steady gains highlighting the bullish consensus among mainstream coins.



On the daily chart, the price remains above the EMA20 and EMA30, with the moving averages resonating upward. The MACD histogram is expanding, and although RSI has reached 70.2 into overbought territory, there is no divergence at the top, indicating a solid bullish trend structure. On the four-hour chart, a "kettle mouth" pattern shows strong upward momentum. Currently, the 97,000-98,000 zone faces resistance and pulls back, which is a bullish consolidation to gather strength for a push toward the 100,000 level.

Under multi-timeframe resonance, key supports are sequentially at 96,302 (daily pivot), 94,576 (EMA50 resonance), and 93,617 (Fibonacci retracement), all validated by volume. In terms of operation, focusing on retracement to build long positions is recommended.

Specific trading suggestions: Pay attention to the support levels at 96,000-95,500 and the two zones below at 94,800-94,300. If these supports hold, consider entering long positions with targets at 96,800, 97,300, 98,000, and 99,000-100,000. Emphasize monitoring the 94,500 support; as long as the pullback does not substantially break below 94,500, you can confidently go long.
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GateUser-0b84d57cvip
· 11h ago
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