Air Force King Liang Xi releases the wealth code again
Recently, under the strong push of bulls, Bitcoin finally broke through the $67,000 mark. Yesterday's analysis mentioned that if Bitcoin continues to rise, it must remain above a key point. Sure enough, Wall Street funds entered the market, helping Bitcoin break through $65,000 and break through $67,000 all the way, and currently stabilized at around $66,000.
From a technical point of view, the current trend is a bit complicated. On the 1-hour chart, Bitcoin's trend has declined somewhat, but on the 4-hour, 12-hour and daily charts, the overall trend is still upward. Now, the short-term pressure level is $68,300. If the price can break through this point, it may rise further; the support level is $65,200. If it falls from this position, it may face more pressure.
In addition, next Tuesday, the Ethereum ETF that everyone is looking forward to is likely to be listed, which may cause large fluctuations in the market. It is expected that on Monday, the market may fluctuate violently due to the expectation of this news, so investors need to be careful, and there may be some risk of callbacks.
In general, the current market situation is very hot, but we must also pay attention to the upcoming fluctuations. Grasp the pressure and support levels and operate cautiously to better cope with market changes.
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