1.5 Evening Market Analysis

Good evening everyone, I am the indestructible trader. Let's briefly discuss the market.
Bitcoin initially at around 91,200 at 8:00 AM, with large orders igniting, the market broke through 91,800 and paused briefly here before starting a second rally. Looking at the 15-minute chart, at 8:30 AM, buying pressure continued to push prices higher, with five consecutive bullish candles. The third candle showed weakening bullish momentum, and after retesting 92,800, it received support from the next 15-minute buy order, pushing Bitcoin up to around 93,200, with a spike reaching approximately 93,380.
During the white session, the market moved downward to test 92,000, but without significant selling pressure. After 4:00 PM, it rebounded and retested the previous high of 93,200. Throughout this process, the willingness of buy orders at relatively high levels was not very clear, and there was no direct test of lower levels. The bears did not gain strength, and the market consolidated amid the tug-of-war between the two forces. Remember, the key resistance points are 91,800 and 93,200.
Ethereum's movement was more aggressive. During Bitcoin's testing process, Ethereum reached 3,152, facing slight resistance. However, before 7:00 AM, it experienced a narrow-range tug-of-war for three hours. After the third breakout, two one-hour volume-driven buy candles pushed the price up to around 3,180, with a spike reaching about 3,220. After falling back to 3,180, it faced selling pressure, dropping to 3,130, then rebounded to 3,180, where it encountered resistance again. We highlight the 3,180 level as a key resistance point. This is a battleground. The retest and the resistance from selling pressure here determine that this level is a point of bearish intervention and a key resistance.
Yesterday's analysis indicated that Bitcoin could extend to 92,800, which has now been met by the market. Since there are already short positions at this level and early entries, we can focus on long positions at the buy order support points and plan our layout accordingly.
Bitcoin's key area to watch is the 92,500-92,800 zone, with a focus on the 93,200 level above and the 91,800, 91,200, and 90,500 levels below.
For Ethereum, monitor the 3,120-3,180 range, which is likely to be a narrow consolidation zone. The starting point of the rally and the short-selling pressure points are at the upper and lower boundaries.
In the future, we plan to enter at 92,800 with a hold on short positions, adding at 93,500, and setting a stop loss at 94,200.
For a rebound continuation, consider entering around 91,500, adding at 90,800, and stopping out at 90,250.
Ethereum will trade within the 3,120 to 3,180 range, with long positions added at 3,085 and short positions at 3,215. Stop-loss levels are at 3,065 and 3,235. Take-profit zones will be adjusted according to the opposite side's movements.
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