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7.4 Saturday Gu Ye whole day
Bitcoin: Daily chart closed with three consecutive bullish candles. The market is oscillating near the lower Bollinger Band. Yesterday, the market retraced to around 61000 and found support, then bounced back to around 63000, then retraced again to test support near 62400, currently oscillating around 62500. From the 4-hour and hourly charts, the market is near the upper Bollinger Band and a golden cross has formed. It is recommended to go long on dips.
Suggestions:
Bitcoin: Long near 61800-62300
Target: around 63100-63900
Ethereum: Long near 1710-1730
Target: around 1810-1850