Last night, the price ratio continued to fluctuate above 61,000. Until the morning, the bulls exerted their strength. Cake once rose to the first line of 63,000, and Ethereum rose to the first line of 3,460. The students of the real market once again exerted their strength to the point of weakness in the direction we gave them. Congratulations to those who followed the idea. The strategy is open to the whole network in advance, which is strength.
From the perspective of the current market at the four-hour level, to achieve further growth, it may be necessary to go through a period of shock adjustment first, so as to create space for the subsequent upward momentum. The trend of air traffic will not rise straight and smoothly, but will gradually unfold under the impetus of the trend, first with shock adjustment, then with consolidation, which may be accompanied by short-term retracement, and finally give upward again, forming a healthy cycle. At present, the price ratio has slightly adjusted, and the air traffic has begun to fluctuate and is in a consolidation trend. This can be regarded as a normal short-term adjustment stage after the end of the previous wave of rise, and it is a natural process for reaccumulating energy. It is recommended that when looking for entry opportunities, you can first pay attention to the strength of the retracement, and then consider the subsequent bullish opportunities.
Bitcoin can be bought at 62200-69100, with a target of around 63600; Ethereum can be bought at 3410-3380, with a target of around 3530. #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #MiCA #币安合约锦标赛 #Mt.Gox将启动偿还计划 #VanEck提交首个SolanaETF