The market has finished its movements in the early morning. After validating our bearish outlook since yesterday, we are once again seeing a price break through the 104 level and move downward for continuation. We will enter long positions again. The price has dropped to around 103870 before giving a rebound as expected, currently rebounding to around 104800. The movement is quite slow; this point is also a second upward test, but the pullback to the low point will not approach the early morning low point anymore. The low points are continuously rising, indicating that the trend has turned bullish. A timely reminder was given in the early morning, and today we have officially entered Friday. The daily chart will also end with a doji candlestick after two working days. We are optimistic about the bullish trend today, anticipating a recovery upward.
Bitcoin can be bought at 104500-104000 in the morning, with a target near 106000; Ethereum can be bought at 2520-2490, with a target near 2600. #BTC
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The market has finished its movements in the early morning. After validating our bearish outlook since yesterday, we are once again seeing a price break through the 104 level and move downward for continuation. We will enter long positions again. The price has dropped to around 103870 before giving a rebound as expected, currently rebounding to around 104800. The movement is quite slow; this point is also a second upward test, but the pullback to the low point will not approach the early morning low point anymore. The low points are continuously rising, indicating that the trend has turned bullish. A timely reminder was given in the early morning, and today we have officially entered Friday. The daily chart will also end with a doji candlestick after two working days. We are optimistic about the bullish trend today, anticipating a recovery upward.
Bitcoin can be bought at 104500-104000 in the morning, with a target near 106000; Ethereum can be bought at 2520-2490, with a target near 2600. #BTC