After the midnight price comparison reached a peak and then pulled back to around 66500, it was initially thought that this round was over. However, after a sideways consolidation, it surged again, reaching a high of 70331. This round ended with a strong bullish K-line, reclaiming lost ground, pushing the price comparison range back above the middle track. Although we did not exit at the peak in the live market, taking profit is still a good thing, ultimately capturing a space of 842 points in Bitcoin and 53 points in Ethereum. Currently, the price comparison is under pressure and has retreated.
From the current market perspective, the trend is approaching the 70000 mark, showing a strong upward momentum. The daily chart has three consecutive bullish candles, breaking through the previous high's pressure zone, indicating the resilience of the bulls, and the price comparison is steadily pushing towards 70000. On the hourly chart, the price comparison has been consistently moving along the upward trend line, with support formed around 67500 after the midnight pullback. Technical indicators show an intention to continue rising, and as long as the upward trend line is not broken, the bullish pattern remains unchanged. We will continue to maintain a bullish outlook. If the upward trend line holds, we will continue to be bullish.
Buy Bitcoin at 69500-69200, target around 67100.
Buy Ethereum at 2540-2520, target around 2610.