In the afternoon, driven by the rising probability of Trump's election victory, the price once again surged, directly breaking through the historical high, reaching a maximum of 75656. In the afternoon, Trump's votes were finalized, and the outcome was already determined. As the market had already digested related news in advance, the intraday increase approached 6000 points, while Ethereum rose to around 2637. During this time, we took multiple profits in the live market.
From the current market perspective, although Bitcoin's performance is strong, Ethereum remains relatively weak, and there are no significant signs of an increase in the exchange rate. Therefore, if there is no obvious large-scale decline in the short term, Ethereum can still be considered bullish in the short term. From a technical structure perspective, Bitcoin's hourly chart shows high-level fluctuations, and after a pullback of nearly 2000 points, it has moved upward again, indicating signs of stabilization and potential upward movement. Technical indicators show pressure for a pullback after the price surge, and with support from news, a significant pullback is unlikely in the short term, still leaning towards a bullish outlook overall. If Bitcoin pulls back but does not fall below 72500, it can continue to be viewed as bullish. However, Ethereum has not yet shown significant increases and still has some room for catch-up.
Bitcoin 73500-73200 long, target around 75000
Ethereum 2570-2590 long, target around 2700 #BTC创历史新高 #美国大选后涨或跌？ #山寨季将至？ #特朗普宣布胜选
