The daily line is a large bullish candlestick with a short upper shadow and an amplitude exceeding 20%, and the trading volume is eight times that of the previous day (Gate exchange), indicating a strong upward trend.
The daily MA30 line is still in a downward trend, and the MACD shows weakening downward momentum below the zero axis.
Due to the strong rise of Bitcoin, the engraving sector is generally experiencing a significant surge, with the price of sats reaching near the daily MA30 line. In the short term, it can still surge upwards, but a downward pullback is expected afterwards.
The daily level phase bottom pattern is already very clear, with the pullback position in the range of 2350-2250. Be sure to remember to board.
Daily level resistance levels are 2650-2820-3130-3330, support levels are 2350-2250-1970.
