Bitcoin once again reached a high of 68,400 yesterday evening, strongly breaking through the 68,000 mark, showing a slight upward climb until it encountered resistance near 68,450, and then pulled back slightly in the evening, testing the stability of the 67,000 support level. The overall trend still maintains an upward trend, and the market shows a unilateral upward trend. Although the correction is significant in the short term, the overall direction is unswerving.

From the analysis of the daily chart, yesterday ended with a positive line, successfully maintaining the open gap of the upper Bollinger Band, demonstrating the continued strength of the bulls. Although the current market is optimistic, the high is under pressure near 68,450, and the price has retreated to below 68,000 for consolidation to repair the market. But the problem is not that big, the bulls are still very strong. We still maintain our bullish mindset during the day.

Operation suggestions

Go long near 67000, target 68500

Go long near Ether 2600, target 2670

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