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1.29 Bitcoin/Ethereum retracement does not change the upward trend; the market will still surge significantly
Bitcoin/Ethereum experienced a sharp rise and pullback after the interest rate decision early yesterday morning, but the pullback was relatively mild. This is a normal short-term correction during the upward movement. Once the correction is complete, the market will continue to rise, with the targets of 3200 and 93000 unchanged. Moreover, once these levels are broken, the weekly and monthly charts will stabilize, and the upward momentum will continue. Based on the four-hour and daily MA indicators, the current market has retraced to a key support level. Tonight, focus on the support levels around 87000 and 2900. The overall space will be much larger afterward, so there's no need to worry about short-term fluctuations. The long position strategy at current prices during the daytime remains valid; patiently wait for the market to rally and rebound.
Subsequent upper targets are around 3050 and 89600, second targets around 3130 and 91500, and third targets around 93500 and 3230.
Daily analysis and strategy have a high success rate, which can be observed. The analysis and strategy are for reference only; please bear the risks yourself. The article's review and publication do not guarantee timeliness; please refer to real-time data!#金价突破5500美元 #GateLive直播挖矿公测开启 #美联储利率维持不变 #加密市场观察