This market trend can only be described as terrifyingly strong, unable to drop even on the 4-hour chart, and Bitcoin's daily chart has also retested the middle band. The subsequent movement may develop into a short squeeze market, and it probably won't easily decline without intervention to clear the short positions below. If there is an epic positive development, my first target is 86,000, and the second target is 93,000. These are two major resistance levels. This week, Bitcoin stabilized above 80,000, and I firmly believe Ethereum will catch up with the rally, with a target around 2,600.

BTC0.7%
ETH-0.32%
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