The trading over the weekend was light, causing short-term technical signals to weaken and become less reliable as guidance. However, based on historical patterns, the Sunday night market often experiences directional breakthroughs.
On the technical side, the 4-hour chart of Bitcoin briefly paused around the 90,000 level, but resistance has clearly formed near 91,200, with multiple rebounds showing weakness.
Although the daily chart has support at the midline, overall momentum is weakening, and the price needs to test the support at 89,500. If this key support is broken, the downside space will open further. Overall, evening operations should focus on shorting rebounds with strict stop-loss settings.
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1.11 Sunday Night BTC/ETH Silk露 Sharing
The trading over the weekend was light, causing short-term technical signals to weaken and become less reliable as guidance. However, based on historical patterns, the Sunday night market often experiences directional breakthroughs.
On the technical side, the 4-hour chart of Bitcoin briefly paused around the 90,000 level, but resistance has clearly formed near 91,200, with multiple rebounds showing weakness.
Although the daily chart has support at the midline, overall momentum is weakening, and the price needs to test the support at 89,500. If this key support is broken, the downside space will open further. Overall, evening operations should focus on shorting rebounds with strict stop-loss settings.
Bitcoin trading range: 91,000-91,400, target 89,000
Altcoin 3120-3140 range, target 3000
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