Yesterday, the Bitcoin market experienced a volatile rebound, with prices stabilizing and rising after a brief pullback. In the early morning, it successfully reclaimed the 104,000 mark, achieving the expected outcome of the previous long strategy. Currently, the coin price is fluctuating around 104,000 USD, but the key resistance level of 105,000 USD has not yet been broken, indicating a potential technical pullback risk in the short term. It is advised to avoid blindly chasing the price upward.

From the daily chart perspective, the Bitcoin candlestick pattern is expected to close with a bullish candle, significantly recovering from previous declines, and the market's bullish sentiment continues to warm up. The overnight high reached 104900, effectively releasing the bearish pressure. The 4-hour chart shows that the price is steadily operating within the upper-middle band of the Bollinger Bands and has re-established itself above the 5-day and 10-day moving averages, with a short-term trend displaying a strong consolidation pattern. In terms of operation, focus on the support strength at the 103000 level below during the day. If this level stabilizes effectively, the bulls are likely to continue their upward momentum. Regarding Ethereum, the bulls performed strongly overnight, breaking through the resistance, with the price reaching a high of 2740 under pressure, followed by a slight pullback, and the overall trend remains strong.

You can go long on BTC in the 103000-103500 range, targeting near 105500. For ETH, you can go long in the 2620-2640 range, targeting near 2740. #PFVS Launchpad 认购开启 #特朗普宏大减税法案 #贸易战缓和 #BTC #ETH