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Today’s Bitcoin long position: 88400/87400
Today’s Bitcoin short position: 91400/93200
Today’s Ethereum long position: 2920/2875
Today’s Ethereum short position: 3070/3120
Bitcoin broke through and stabilized at 90550 (3 consecutive 1-hour K-line closes above 90550), the market turns bullish, first take profit level: 91400, second take profit level: 93200
If the daily line closes above 89300 at 8 am, there will be no deep correction.
Ethereum broke through and stabilized at 2970( (3 consecutive 1-hour K-line closes above 2970), the market turns bullish, first take profit level: 3070, second take profit level: 3120
If the daily line closes above 2920 at 8 am, there will be no deep correction.
Key reminder: The market is bullish, bullish, bullish!!! Yesterday’s pullback did not break the previous low, mainly due to market risk aversion. Once the risk aversion cools down, a rally is highly likely.
Technical indicators: Bitcoin’s daily chart shows signs of bottoming and stabilizing, and the 4-hour level has multiple bottoms with continuous higher lows!!!
Future outlook: Bitcoin at 105000 and 112000, Ethereum at 3750 and 4050