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Blockchain grows amidst fluctuations, diamond hands are forged through volatility.
Fluctuation is the breath of the K-line, greed and fear are the true market.
—Your wallet should only beat for value.
Looking back at the market trends in the early hours of Thursday, the overall market continued to oscillate at high levels, without providing much room for correction. Ethereum also made a slight push in the early hours, breaking through the 2600 mark and reaching a high of 2618 before stopping.
Currently, the market has shown a clear upward trend after yesterday's rally, with bulls strongly moving upwards in the short term, and the structure also shifting from weak to strong. On the daily chart, a bottoming recovery posture is displayed, following a large bullish candlestick that consolidates the recent gains, while a V-shaped reversal pattern is evident. On a larger scale, the market is starting to strengthen, and attention can continue to be paid to the continuation of bullish actions. In the 4-hour chart, the Bollinger Bands are opening upwards, and the continuous rise in coin price has made the short-term market relatively strong. Additionally, all auxiliary indicators are showing bullish extension patterns, and there is still a sense of continuation. Therefore, in the morning operations, a slight pullback in coin price can be taken as an opportunity to go long.
Bitcoin: Buy around 108000-108400. Target 110500.
Ethereum: Buy around 2550. Target 2630#BTC #ETH