Since the early morning of the 5th, BTC dipped near the 107200 line, and over the weekend, the market data陷入长时间的 sideways adjustment. The price of BTC fluctuated around the 108000 line, while ETH simultaneously declined to a low of 2473, and later fluctuated around 2510. On Sunday evening, the market data迎来变动, and due to the constant changes in tax issues, BTC quickly pumped above 109000 before falling back, while ETH simultaneously touched 2569 and then fell back.


#Gate VIP 焕新升级
Looking at the overall market data, after the small-scale breakout from the range convergence structure, the coin price quickly pumped after breaking the upper line of the range. Overall, the pump amplitude did not show a strong continuation, indicating a clear short-term washout.
On the four-hour chart, after the range convergence, the breakout above the 109000 line has not stabilized. The continuity of the short-term fluctuations still raises a question mark. However, after the technical indicators align upwards, there is still space above in the short term, so pay attention to the breakout situation at 109500. At the same time, the short-term price increase is not significantly improving the bag's opening; the upper and middle bands are still trending downwards, and the overall trend remains downward.
#Dr.Han入驻Gate广场
In the short term, refer to BTC around 109500-109000, and look at 108000. For ETH, refer to 2580-2560 for a short, and look at 2500. #非农就业数据来袭
BTC1,82%
ETH4,54%
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