The current market shows a strong bullish pattern. If the upward momentum breaks through the key resistance level, the trading volume will be effectively amplified, and the bullish carnival is in line with the market logic. From a technical point of view, the explosive rise is the natural evolution of the trend. It has been made clear that the current pullback is an opportunity to go long, and if there is no deep pullback, it is better to follow the long term in the short term. Today's strong upward offensive confirms that the market outlook is dominated by bulls, and homeopathic operation is the main idea.
At the short-term technical level, the price may be corrective after a sharp pullback. This is only a normal technical adjustment in the rise, not a trend reversal, but actually accumulating strength for the subsequent rise. At the end of the adjustment, there is a high probability of regaining the upward trend, moving forward along the original rising channel, and still maintaining a bullish idea in the morning.
BTC: Buy around 110700 - 111000, target 113000. Ethereum: Long around 2600 - 2620, target 2720.
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#比特币突破11万美元 #BTC市值创新高
The current market shows a strong bullish pattern. If the upward momentum breaks through the key resistance level, the trading volume will be effectively amplified, and the bullish carnival is in line with the market logic. From a technical point of view, the explosive rise is the natural evolution of the trend. It has been made clear that the current pullback is an opportunity to go long, and if there is no deep pullback, it is better to follow the long term in the short term. Today's strong upward offensive confirms that the market outlook is dominated by bulls, and homeopathic operation is the main idea.
At the short-term technical level, the price may be corrective after a sharp pullback. This is only a normal technical adjustment in the rise, not a trend reversal, but actually accumulating strength for the subsequent rise. At the end of the adjustment, there is a high probability of regaining the upward trend, moving forward along the original rising channel, and still maintaining a bullish idea in the morning.
BTC: Buy around 110700 - 111000, target 113000.
Ethereum: Long around 2600 - 2620, target 2720.