The path to wealth in the crypto world is not a shortcut that can be achieved overnight. It requires the sedimentation of time and the patience to wait. Just like a gardener waiting for flowers to bloom, we need to give our encryption assets enough time and believe that they will eventually shine brightly. Last midnight, the Bitcoin market showed a method of rising first and then falling, with the price initially reaching a high point of 104949 before stopping, then starting to decline, and the morning price dropping to a low point of 103795. Meanwhile, Ethereum has maintained a strong upward momentum, with the market climbing all the way up to a high point of 2738.


According to the current market situation, the four-hour level shows that the price is strongly approaching but cannot break above the upper band and has started to retreat. The MACD indicator's top divergence pattern remains unchanged, while the RSI indicator's three lines are all showing downward turns, indicating that bearish momentum is gradually dissipating. From the one-hour level, the market shows a pattern of four consecutive bearish candles approaching the middle band of the Bollinger Bands. The KDJ indicator's three lines form a death cross at this level and extend downward, while the MACD histogram is also continuously shortening, indicating an overall bearish trend. Therefore, in the morning operations, we will maintain a bearish outlook.
Short Bitcoin near 104500, target looking at 102500.
Sell near Ethereum 2680-2700, target at 2620.
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BTC0.22%
ETH1.14%
TRUMP-0.63%
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