5.9 Market Analysis: Bitcoin Stabilizes at 100,000, Waiting for the Opportunity to Pick Up the Ride

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13 hours ago

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  BTC: The daily chart shows a strong bullish candlestick with increased volume, having firmly broken through and stabilized at the 99,000 level. As long as it does not fall back into this area, it will continue to rebound in the short term. Looking at the hourly chart, the upward trend is already evident, but there is no need to chase the price at this level in the short term. Pay attention to the support at 101,000-100,500 below.

ETH: Ethereum's market share has surged, strongly breaking through and stabilizing above the previous resistance at 1,950. In the short term, it looks very strong. Watch for support at 2,080-2,100 below; if it holds, it will continue to rebound upwards.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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