After Bitcoin price stabilized near 29,700 in the morning, bulls once again showed strong momentum and hit a new high near 30,800. The current price is running near 30600, above the middle track of the Bollinger Bands, and has closed an upper shadow line upwards. The overall trend is still upward, standing firmly above the 30,000 mark. A short-term retracement correction heralds a breakthrough of upper pressure, preparing for a further breakthrough. The MACD bullish energy column is obviously better than the shortish one, KDJ rises after crossing the three lines, the lower support point continues to move upward, and the pressure continues to break through. From the overall situation, the market trend is undergoing strong correction at a high level. Once the correction is complete, prices may surge higher again. Therefore, the overall operation recommendation today is mainly low and long.
Bitcoin recommends target 31700 near 30500-30300
Ether suggests empty target 1780 near 1685-1675