As for Bitcoin, let's talk about Bitcoin in particular. It broke through the 30,000 mark today based on the rebound from 29,100 and reached the 30,500 mark, recovering yesterday's losses. In today's article, we emphasized the importance of the 29,000 mark for Bitcoin to the daily line. If it can hold above the 30,000 mark in the final stage, there is hope for a new high. After all, the real suppression of this round of daily rise is at 32,000-32,500. In the short term, the price has adjusted back after a surge. The primary focus below is the 30,000 support. If it falls back in the evening, continue to go long.
Short-term 29700-29900
Ethereum, driven by Bitcoin, recorded a small rebound during the day. The difference is that Bitcoin rebounded strongly because yesterday's decline was also strong, but in fact both are still dominated by fluctuations, especially Ethereum. It rebounded after falling back to the support level of 2050-2060. At the same time, it was under pressure from the 2120 line in the short term. The four-hour level is currently showing obvious fluctuations, but the overall trend is still bullish, especially the current shock adjustment. While maintaining above the support level, we need to be vigilant against the secondary rebound of the bulls. Continue to pay attention to the 2060 support line in the evening, and you can arrange long positions when it falls back to this position.
Short-term 2060-2070 more