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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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8.12 Inkstone Autumn Morning Market Analysis:
From the four-hour level, the market quickly rebounded after hitting the mid-track at the bottom, and the bearish pullback momentum was clearly hindered, which indirectly reflects that there is certain behavior to lure shorts in the market. In the subsequent layout, attention can be focused on the performance of resistance at the mid-track, and gradually increasing positions to go long can be considered.
This signal is more clearly reflected on the hourly chart: the market quickly rebounded after touching the lower band, recovering previous losses and not giving the bears room to develop. Multiple long lower shadows appeared below, with resistance levels continuously showing and distributed in a range, making it difficult for the bears to gain effective momentum, thus further strengthening the bullish trend.
Operation suggestions:
- Bitcoin: trade around 118000-118500, with a target towards 121000-122000
- Erbing: Do a do at around 4200-4240, targeting 4330#特朗普允许401(k)投资加密货币#