The market is basically coming to an end, with BTC rising from a price of 104900 to a peak of around 107700 during the day, and ETH rising from around 2510 to a peak of around 2655. The long and short orders we laid out for BTC have gained over one thousand three hundred points, making it a relatively stable day. Lao Lu doesn’t achieve complete victories every day; for today’s market, the price movements didn’t align with the technical aspects, but relied on news and formed a hedging market with gold. The crypto market is greatly affected, and we must constantly follow changes from all aspects to maintain our footing in this rapidly changing market.


On the daily chart of BTC, after forming a low position doji, a large bullish candle has emerged, and the K-line body is also gradually increasing. The Bollinger Bands remain parallel, indicating a calm market volatility in the future. In the four-hour structure, the K-line is gradually forming a one-sided upward trend, and the structure has also formed an arc line, with a clear doji trend. On the one-hour structure, the price has been operating within a range for several days, showing a box structure, and then it begins to oscillate upwards. After stabilizing above the 107000 integer mark, the upward trend continues, and the K-line also shows a structure of bullish vanguards. Therefore, we will continue to maintain the doji thinking in the early morning.
BTC target around 108300
ETH target near 2670 #BTC #ETH #比特币
BTC1,59%
ETH1,58%
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