【87,000-98,000 Rebound Wave End, Be Cautious of Risks When Reaching the Zone Again】



After the platform breaks through, the resistance and support levels switch roles. The price will enter a consolidation range between 94,500 and 98,000, awaiting a direction choice. Overall, the probability of a downward move after consolidation is higher.

The 98,000–90,000 range is a zone of multiple overlapping pressures: it is both the Fibonacci 0.382 resistance level and the bottom edge support of the previous platform. From the current market situation, breaking through is extremely difficult. Whether Bitcoin can hit the 107,000 target depends on future developments, and the likelihood of achieving this now is relatively low.

We have repeatedly emphasized that 87,000–98,000 is a rebound zone. When the price revisits this range, be sure to watch out for a correction risk. Specific trading strategies will be updated in real-time based on market changes. Please stay tuned for subsequent updates.

ETH's trend is basically aligned with the overall market rhythm. There are two short-term target levels: the first around 3,500, and the second between 3,600 and 3,700.

Join our live broadcast at 21:00 on the 18th, which is tomorrow night at 9 PM. Welcome to listen in. The full content title: "2026 Cryptocurrency Market Outlook: Trends, Tracks, and Key Turning Points."

#BTC $BTC #ETH $ETH
ETH-0.08%
BTC-0.26%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)