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Good morning, frens, on this new day. Looking back at the market trends in the early morning, Bitcoin stopped and was under pressure after retracing to the 112000 level, without providing any continuation action. It then had a slight rebound of a few hundred points. Ether continues to operate primarily in a downward oscillation, with a minimum touching the 4204 level.
Looking at the four-hour level first, after a slow decline with consecutive bearish candles, the price has turned bullish again. Although the rebound strength appears relatively slow at the moment, it is still a positive sign. The price has shown a turning point and is expected to rise further. After a V-shaped movement, the price continues to operate at a high level, and the pullback is just a normal corrective trend. From the current structure, the four-hour structure also possesses the momentum to push higher again. Continuous back-and-forth consolidation is building momentum, and with the rise of the lows, we are currently just waiting for the force to open up space. Currently, the price is once again in a fluctuating operation, and we will continue to treat the market with a low-long approach as we wait for the market to unfold.
Bitcoin: Long near 112000 Target 114500
Ethereum: Long around 4220 Target 4330#加密市场反弹