Bitcoin/Ethereum breaks out of the sideways consolidation pattern after several days, successfully retests the triangle and turns bullish. The price remains stable above the retest zones of 91500 and 3250, indicating strong buying support and confirming the breakout. As long as the price stays above the trendline and maintains higher lows, the upward momentum may continue.
The price still has the potential to challenge the next resistance level. If it can sustain a breakout through this area, it will further solidify the bullish trend. Before the early morning data is released, watch for retest strength. Support levels are around 91000 to 91500 and 3250 to 3280. Maintaining support above these levels supports the continued bullish trend.
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.
Bitcoin/Ethereum breaks out of the sideways consolidation pattern after several days, successfully retests the triangle and turns bullish. The price remains stable above the retest zones of 91500 and 3250, indicating strong buying support and confirming the breakout. As long as the price stays above the trendline and maintains higher lows, the upward momentum may continue.
The price still has the potential to challenge the next resistance level. If it can sustain a breakout through this area, it will further solidify the bullish trend. Before the early morning data is released, watch for retest strength. Support levels are around 91000 to 91500 and 3250 to 3280. Maintaining support above these levels supports the continued bullish trend.