The move to 84,800 was still just a little short of expectations, as was the anticipated push toward around 85,500. The current market rhythm is still fairly clear: after the rally, the market is undergoing a technical correction and looking for a bottom again. The price is now facing resistance and testing support around 83,500. In this kind of market recovery, the short-term pullback is unlikely to be over in a single move; otherwise, we could see another dip to retest and reinforce support. So at this stage, we can also follow the trend and adjust our positions accordingly.
The trend is underway, and following it is an opportunity. On the daily chart, the market is steadily moving higher. Bullish candles are accelerating upward, and the rebound has successfully broken through the middle-band resistance, opening up further upside. A short-term corrective pullback is therefore only natural. The market needs to build support in this way to fuel its next move higher—this is both a period of consolidation and an opportunity. For those who have not yet entered around the previous base near 80,800, the trend is now clear: follow it and go long.
Go long on BTC around 83,500, target 85,500
Go long on ETH around 2,450, target 2,530
#股票财报季 $BTC #Zcash开发者确认11月NU7升级 $ETH
The trend is underway, and following it is an opportunity. On the daily chart, the market is steadily moving higher. Bullish candles are accelerating upward, and the rebound has successfully broken through the middle-band resistance, opening up further upside. A short-term corrective pullback is therefore only natural. The market needs to build support in this way to fuel its next move higher—this is both a period of consolidation and an opportunity. For those who have not yet entered around the previous base near 80,800, the trend is now clear: follow it and go long.
Go long on BTC around 83,500, target 85,500
Go long on ETH around 2,450, target 2,530
#股票财报季 $BTC #Zcash开发者确认11月NU7升级 $ETH