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Looking at the 1-hour chart for BTC, the 918-920 range is a hurdle. If it truly breaks through and holds, the next stop is directly at 930.
The 930 level is pretty crucial—during the last 4-hour breakout, it failed to hold. If it can break above and stabilize this time, I personally believe it’s unlikely to stop there. 950k? 980k? Or even a direct move to 100k? All are possible.
However, keep an eye on the risk of a pullback. If there’s a retracement opportunity, the 906-910 range is a decent spot to consider for a position, especially for those currently holding no positions.
As for ETH, short-term resistance is around 317-318.
If it breaks and holds above this level, accelerating upward past 3220 shouldn’t be an issue. Last week, three attempts to break through failed and it pulled back for a round of adjustment. If it pushes to 3220 again this time, the probability of breaking out is quite high.
If there’s a pullback, watch the 3060-3090 range. Those without positions can look for opportunities to test the waters.
One more reminder: the Fed is planning a rate cut this week. At least in the two days leading up to the rate cut, I personally lean toward prioritizing long opportunities.