1.6 Afternoon Analysis of Bitcoin and Ethereum Market
Good afternoon, a brand new week has begun.
Bitcoin surged again last night, hitting 98000, successfully breaking through the first resistance level at 98900, which undoubtedly indicates that the market is about to enter a new wave of upward momentum. Today, pay attention to the pullback situation within a smaller time frame, focusing on the range of 98660 - 98237. As long as the pullback holds within this range, the market is likely to continue its upward trend, with upper resistance levels centered around 102773 - 106057. Currently, the price has crossed 99800. If the smaller timeframe pullback breaks below 98600, the market will likely enter a correction in the short term; only if the four-hour close falls below 98237 will the momentum of this rise significantly weaken, at which point the lower support levels will look towards 97300 - 96000.
Now looking at Ethereum, it has already broken through the first resistance level, and the subsequent market is very likely to continue its upward momentum, with upper resistance levels in the range of 3726 - 3787. If today's pullback leads to a four-hour close breaking below 3637, then this upward momentum in the four-hour timeframe will be declared over, and the four-hour cycle will once again fall into a correction pattern, with lower pullback support to pay attention to at 3573, 3530, 3470.
#特朗普上台概念币有哪些？ #本周微策略是否继续增持BTC？
Good afternoon, a brand new week has begun.
Bitcoin surged again last night, hitting 98000, successfully breaking through the first resistance level at 98900, which undoubtedly indicates that the market is about to enter a new wave of upward momentum. Today, pay attention to the pullback situation within a smaller time frame, focusing on the range of 98660 - 98237. As long as the pullback holds within this range, the market is likely to continue its upward trend, with upper resistance levels centered around 102773 - 106057. Currently, the price has crossed 99800. If the smaller timeframe pullback breaks below 98600, the market will likely enter a correction in the short term; only if the four-hour close falls below 98237 will the momentum of this rise significantly weaken, at which point the lower support levels will look towards 97300 - 96000.
Now looking at Ethereum, it has already broken through the first resistance level, and the subsequent market is very likely to continue its upward momentum, with upper resistance levels in the range of 3726 - 3787. If today's pullback leads to a four-hour close breaking below 3637, then this upward momentum in the four-hour timeframe will be declared over, and the four-hour cycle will once again fall into a correction pattern, with lower pullback support to pay attention to at 3573, 3530, 3470.
#特朗普上台概念币有哪些？ #本周微策略是否继续增持BTC？
