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Saturday morning BTC ETH analysis
At midnight yesterday, BTC started a fluctuating downward trend from a high point of 97094, reaching a low point of 93955 by morning; ETH also fell in tandem, fluctuating down from a high point of 3244 to around a low point of 3088.
The chart shows a two consecutive bearish pattern at the four-hour level, with strong short-term bearish momentum. The price continues to test the support below and the lows are constantly being refreshed. The three lines of the Bollinger Bands are extending downward simultaneously, and the bulls have no strength to reverse the weak situation. Therefore, the morning operation recommendation is to focus on high short strategies.
Operation Suggestions:
BTC can be traded around 95500-96000, with a lower support at around 94000-93500.
ETH can be consolidated around 3160-3180, with a lower target of around 3080-3050.