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2024.1.7 9:35 AM BTC/ETH Market Analysis
Yesterday continued the upward trend from Friday, with many currencies rebounding, but there was a retreat in the early morning. Except for BTC/ETH, most of them fell back to the starting point. It can be said that this market is very tough and very unbearable! However, it is undeniable that compared to a week ago, the low points have gradually risen. This slow climb is the prelude to the accumulation of strength and eruption. Now we just need a spark!
BTC attention
Support 98150/95300
No pressure at the moment
ETH Focus
Support 3605/3525
No pressure
At this moment, the key point above BTC is the 103300 level. Once it breaks through, it will head towards the previous high. Pay close attention. The key point for ETH is the 3725 level. Once it breaks through, the next target will be the 3900 level. So whether the trend of breakthrough can continue is crucial for the subsequent market trend!
Today's thinking is still focused on retracement and long positions before evening. You can assess the bullish and bearish strength during the intense evening market!
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