Early trading saw sharp rises and falls, recovering from the pressure at 82,500 and then dipping lower, with the bears also showing increased volume. The price retraced to test the futures gap at around 80,500. Currently, with the gap being filled, the overall market trend is stabilizing. In the afternoon, the market continues to oscillate, and the outlook remains strong. Regarding Ethereum, early on it recovered from resistance at 2,380, while Bitcoin retraced and was blocked near 2,320, which is also a key support level on the 4-hour chart we mentioned earlier. I previously advised buying at the current price; I am still holding the position. Although in a floating loss, the position is not deep, and the support structure is relatively strong. For friends who entered through private placements along with us, you can continue to hold.



The daily chart shows a large bullish candle turning into a bearish candle, giving back the intraday gains, but the market did not break below the 7-day moving average. It remains above the moving average structure. In terms of volume, after the bears retraced, they are in a weak, exhausted state. The bear correction is relatively hindered, leaving room for recovery. Combining the 4-hour chart, the short-term volume rebound to the midline was clearly resisted. The overbought condition caused by the early bullish volume has been corrected. Currently, the price is operating within a key zone of previous highs and lows. As the market further adjusts, it will still follow a strong trend, and the outlook remains bullish.

Bitcoin is long at 80,400-80,700, with short-term targets gradually rising to 81,600-82,800-83,500. Ethereum can be bought at 2,320-2,330, with a target near 2,380. #比特币波动 $BTC $ETH ‌ ‌
BTC-1.33%
ETH-2.4%
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