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The intraday cryptocurrency price has been moving in a continuous sideways consolidation, and tonight, following the rhythm of the US stock market, the price again experienced a tug-of-war between bulls and bears. Ultimately, the price consolidated and showed some correction and recovery. After testing the support near 94,200, the price rebounded somewhat. Currently, the price is again trading within a range below 95,000, entering a sideways consolidation phase. As the weekend approaches, market volatility is also expected to narrow further. Based on the current trend, the recent downward move is basically nearing its end. Therefore, focus on the changes in the levels after the US stock market closes overnight. We expect the market over the weekend to see a rebound after two days of continuous decline. For short-term participation, a range-bound strategy is suitable, mainly looking for dips to buy on the low side.
Bitcoin is long around 94,500, watch for around 95,500. Ethereum is long around 3,260, watch for around 3,350. #BTC行情分析 #加密市场观察