#数字资产动态追踪 Yesterday, the price showed a typical oscillating trend—initially a sharp decline, touching around 91,200, then quickly encountering a bullish rebound. This level was not broken but instead became a clear support point, followed by a beautiful V-shaped reversal. The decline and rebound were swift, with decisive buying interest, ultimately stabilizing around 93,400.
From a technical perspective, this move is a typical rapid shakeout followed by recovery. Although there was increased volume on the decline, it was contained at the lower end of the previous support zone, indicating strong support at that level. The subsequent rebound was also vigorous, with clear bullish sentiment during the rise from 91,200 to 93,400. The entire transition confirmed the effectiveness of the support level.
In terms of current momentum, if there's interest in a pullback to the 92,700-93,200 range, one could consider entering long positions in this zone, targeting 94,200-95,200. For ETH, the 3,260-3,280 range is also based on similar logic, with upside targets of 3,320-3,360. $BTC $ETH
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.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
TheMemefather
· 01-09 17:00
91200 this support level is really solid. The V-shaped reversal yesterday made me exclaim, "An expert!"
View OriginalReply0
GasFeeCrybaby
· 01-07 04:51
91200 this level really didn't disappoint the bears, immediately reversed in a V-shape. I'm just wondering where this buying momentum is coming from so strongly...
View OriginalReply0
BridgeJumper
· 01-07 02:30
The support level at 91200 just won't break, so the bulls still have some strength.
---
The V-shaped reversal is indeed impressive, but it still depends on whether it can hold above 93400.
---
Another shakeout? Every day it's about shakeouts, but I feel like I'm always getting chopped.
---
Enter between 92700-93200? Go ahead, but I'm still hesitant.
---
This market pace is a bit fast; it's easy to get caught if you chase in.
---
With such strong bullish sentiment, it might be at the top again...
---
The support level being effective—how many times have I said this? In the end, it still broke.
---
The key is whether it can break through 94200. Anything said now is just talk.
View OriginalReply0
JustHereForAirdrops
· 01-07 02:25
That defensive line at 91,200 really held up. The V rebound this time was really satisfying, but I don't know how long it can last...
View OriginalReply0
BetterLuckyThanSmart
· 01-07 02:13
91200 held firmly as support, as expected, waiting was worth it. The V rebound is awesome.
#数字资产动态追踪 Yesterday, the price showed a typical oscillating trend—initially a sharp decline, touching around 91,200, then quickly encountering a bullish rebound. This level was not broken but instead became a clear support point, followed by a beautiful V-shaped reversal. The decline and rebound were swift, with decisive buying interest, ultimately stabilizing around 93,400.
From a technical perspective, this move is a typical rapid shakeout followed by recovery. Although there was increased volume on the decline, it was contained at the lower end of the previous support zone, indicating strong support at that level. The subsequent rebound was also vigorous, with clear bullish sentiment during the rise from 91,200 to 93,400. The entire transition confirmed the effectiveness of the support level.
In terms of current momentum, if there's interest in a pullback to the 92,700-93,200 range, one could consider entering long positions in this zone, targeting 94,200-95,200. For ETH, the 3,260-3,280 range is also based on similar logic, with upside targets of 3,320-3,360. $BTC $ETH