This week the market once again welcomes its finale, let's briefly review the market trends of this week; BTC took a sharp drop at the beginning of the week, with prices rising all the way, peaking at around 123218, and then it created a new historical high, but it did not hold above, by Tuesday there was a strong pullback, dropping to a low of around 115736, and afterwards it basically showed a wide range of fluctuations, unable to break out of the range; Ether continuously surprised us, after stabilizing above 3000 at the beginning of the week, it remained in a rising phase throughout the week, currently peaking at around 3727, with each new high followed by significant pullbacks, constantly refreshing the high points above, with an increase of nearly 800 points during the week, a very exaggerated number. This week can be said to have a large fluctuation base. We maintained a low bullish mindset throughout the week, actively participating in both BTC and Ether, although there were minor fluctuations towards the end of the week, it did not affect the overall trend, and it was a fruitful week. Did everyone achieve their planned goals this week? If not yet, don't blindly chase after it, you can always follow the rhythm of Lao Li's oil to help you find your own share in this circle.


The monthly chart of 大饼 continues to maintain an upward trend line, with four consecutive bullish candles. Although this month's K-line has a certain upper shadow, it is all part of the normal pullback correction for the market to rise higher later. The bulls are still increasing in volume. We will wait for the market trend to stabilize, and then 大饼 will continue to rise higher. The monthly chart of 以太 is even stronger, with a large bullish K-line pointing upwards, the body is full, and the strength of the bulls has left no room for the bears. Currently, there is only 300 points left to recover the level starting with 4. At this rate, recovering and rising is just a matter of time. Therefore, it also gives our 二饼 a bit more time, as it is still a altcoin. Previously, it was close to breaking below the level starting with 1, proving again that our 二饼 can still stand up. The weekly chart of 大饼 shows a pattern of probing high and then retreating. The upper shadow is elongated, but the downward space is also limited, which belongs to a wide-range oscillation and tug-of-war pattern, consistent with the previous thoughts provided. The staircase upward movement alternates with oscillation, and after completing the correction, we will continue to witness 大饼 and 二饼 attack higher together next week, maintaining a bullish outlook and welcoming new highs.
Next week, BTC in the medium to long term can be expected to see around 124500, while Ether can be expected to see around 4100. #ETH突破3600
BTC0,54%
ETH-0,41%
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