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Bitcoin daily chart confirms previous judgment. After breaking through the key resistance at 94,000, it experienced a rally but failed to break above the 100,000 mark. This failure to push higher is likely to trigger a deep correction; currently, the price is still operating above the upward trendline, but breaking below the 87,000 support level is only a matter of time.
Ethereum's daily performance is weaker, with multiple attempts to break the key resistance at 3,410 unsuccessful, and it has already broken below the upward trendline. The trend shows an extended C wave pattern, with 3,080 becoming a strong resistance in the short term. If it subsequently breaks below the 2,800-2,768 central support zone and cannot rebound above this area, the market will continue to decline.
Bitcoin rebound trading range: short at 90,800-91,100, with a defense at 91,800, target 88,300-87,800, and a break below to watch 87,000; if not broken, consider long positions.
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Ethereum rebound trading range: short at 3,030-3,050, with a defense at 3,088, target 2,910-2,880, and a break below to watch 2,820; if not broken, consider long positions.