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In the early hours, the market once again gathered strength to surge higher, with the large candle reaching the high point of 115500, while the secondary candle also made a move, hitting the high of 4180. The bullish momentum has undergone a qualitative change, and the trend is quite strong. Recently, the market has focused on breakout strategies, and following the trend is key.
From the current market analysis, the large candlestick on the daily chart has recovered lost ground, forming a W-bottom pattern, regaining all the positions previously lost. Currently, there is strong short-term resistance at 115800; if the bulls can maintain their momentum, the highs will surely be further broken. On the four-hour level, the large candlestick shows a small bullish oscillation upward, gradually opening up the upper channel, but momentum has weakened when reaching the upper Bollinger Band. If a pullback occurs, the market is likely to move downward.
Based on this, in terms of operations, a large short position can be taken in the range of 115000 - 115500, with a target near 113000; Ethereum can be shorted in the range of 4180 - 4200, with a target set at around 4050.
#比特币行情预测