Recently, Bitcoin has been quite busy, and during holidays I took some time to rest well, so I didn't provide many ideas. Here, I continue to update the strategy with everyone; from the current Bitcoin chart perspective, this round of rally first touched the middle line of the daily chart, then stabilized and continued to push higher. Our previously bullish outlook and target levels have been confirmed. Currently, Bitcoin has broken through the previous high again, returning to the normal track, relying on the upper line of the daily chart to continue climbing upward. The upward channel is reopened, and the bullish trend remains unchanged. The retracement position for this rally can be seen near the weekly top and bottom replacement pressure at around 86,000. The weekly chart has already broken through the Bollinger middle band and moved far away from it. The bulls are temporarily unstoppable. The main direction remains bullish, first watch the 86,000 level for support or resistance. A successful break and stabilization above this level would require at least a move to 94,000. Ethereum is initially seen at 2,800, with a breakout and stabilization targeting 3,200. Trading advice: buy on dips, favoring low entries for longs.


Bitcoin can be bought around 80,800-80,300 tonight, targeting near 83,000; Ethereum can be bought around 2,380-2,350, targeting near 2,500.
ETH1.63%
BTC2.47%
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