BTC



Compared to Ethereum, it appears slightly weaker today, but after a surge this afternoon, it hit a new high of 78,377. Currently, there is volume in the upward movement, no volume in the decline, and influenced by positive news, there is a high probability that the US stock market will open higher, increasing the likelihood that Bitcoin will also rise together. Even so, we should remain cautious about whether this is the last gasp of the bulls.

For long positions, focus on around [77,500]. If there is effective support, the target can be around 78,000. If there is a successful breakthrough and stabilization, it could reach around 7,900.

For short positions, watch the upper channel boundary around [79,500], and if it reaches around 78,500 without effective stabilization, continue to break down towards around 7,700.
BTC1.87%
ETH2.56%
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