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Today's market is also over again, looking back on today's flatbread market, the intraday trend of the pie shows obvious shock characteristics, the morning session continued the previous night's midnight upward trend, the price climbed strongly above 104,000 and then fell back quickly, when it fell to the 102327 low point to stop falling and stabilized; In the afternoon, the market went up again, the price refreshed the recent high, touched the 104373 and then began to pull back, until the evening has always maintained a sideways shock within a certain range. In terms of Ethereum, the market went all the way up in early trading today, hitting a high of 2490 and then slowing down and starting to fall, and bottomed out to a low of 2271 in the evening.
From the perspective of the market structure, the medium and long-term trend still maintains a strong bullish trend, but it is in the stage of technical adjustment in the short term. At the daily level, the price is firmly running in the upward channel of the Bollinger Bands, and the middle track continues to rise, confirming that the medium-term uptrend is stable; Although the 4-hour level shows signs of short-term stagflation, the K-line entity narrows, the upper shadow line increases, and there is selling pressure at the high level, but the pullback shrinks and effectively undertakes at the key support level, and the current price fluctuates between the middle and upper rails of the Bollinger Bands, which is a normal technical adjustment in the uptrend, and if the follow-up volume can be effectively cooperated, it is still expected to continue to rise. In view of the approaching weekend, the market is likely to usher in a technical adjustment, it is recommended not to blindly chase long, and the operation should be based on shock thinking, and maintain a cautious and optimistic attitude.
BTC can be bought in the range of 102000-102500, with a target around 104000. Ether can be bought in the range of 2280-2300, with a target around 2400. #Launchpad 首发上线 PFVS #BTC即将创新高吗? #加密市场反弹 #BTC #ETH